However, in a vertical system of advancement, where management hires are made from within, the middle ranks will at least have a memory of working on the object-level concerns of the firm.
I think this is part of why the startup nature of tech firms is important, even if all of the important firms are no longer in childhood; it means some fraction of the executive class are people who were around from the beginning, or who built the systems themselves, and so do have the relevant memory.
That said, my sense is that FAANGM are somewhere between 50% and 80% as mazy as corporations as a whole; enough less to be noticeable, but it’s still probably the best lens through which to view the situation.
I think this is part of why the startup nature of tech firms is important, even if all of the important firms are no longer in childhood; it means some fraction of the executive class are people who were around from the beginning, or who built the systems themselves, and so do have the relevant memory.
Which startups get big, while keeping their founders in charge, isn’t random. The founders that do that will tend to be the ones who can attract investment and partnerships and have a network of (personal or professional or familial or whatever) connections to draw on. They’re the ones who already know to (and know how to) play maze games.
I think this is part of why the startup nature of tech firms is important, even if all of the important firms are no longer in childhood; it means some fraction of the executive class are people who were around from the beginning, or who built the systems themselves, and so do have the relevant memory.
That said, my sense is that FAANGM are somewhere between 50% and 80% as mazy as corporations as a whole; enough less to be noticeable, but it’s still probably the best lens through which to view the situation.
Which startups get big, while keeping their founders in charge, isn’t random. The founders that do that will tend to be the ones who can attract investment and partnerships and have a network of (personal or professional or familial or whatever) connections to draw on. They’re the ones who already know to (and know how to) play maze games.