Primary evangelist: Sean Parker
Thesis: Young founder-CEOs should not be replaced by professional managers or lose board control, because they’re uniquely suited to run companies in the internet and mobile era.
Inherent flaw: This setup overcorrects the previous norm of replacing founders after raising a series A funding round. Subsequent “innovations” gave founders super-voting control as a matter of course and let them sell shares during funding rounds with no effect on their power.
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