top | item 45355535

(no title)

c54 | 5 months ago

Regarding billionaires having armies of engineers growing their wealth to massive scale: is that not what they have?

discuss

order

pcannons|5 months ago

My current world view: for monster multiples you need someone who knows how to go 0 to 1, repeatedly. That's almost always only the founder. People after are incremental. If they weren't, they'd just be a founder. Hence why everything is done through acquisitions post-founder. So there's armies of engineers incrementally scaling and maintaining dollars. But not creating that wealth or growing it in a significant % way.