Daily Balajisms - Sn1: Founding vs Inheriting | Ep #030
Duke Mtambo talks with Jakub Simek about his article on "Founding vs Inheriting". Balaji Srinivasan uses the mental model of founding versus inheriting to compare the ability of legacy institutions to innovate and maintain operations with founder-led organizations. He argues that while founders can create and adjust operations quickly, inheritors often lack the capacity to do so and are often criticized by downstream media due to the difference between being born-rich and built-rich.
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