this post was submitted on 18 Nov 2023
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I've worked at tech startups and I've always hated seeing the good founders removed. It feels like such a scummy, sterile move. The board doesn't care that the founder/s did a nearly insurmountable amount of work to elevate the company and would rather have some career CEO take over so they can maximize profits rather than do right by the company. It's a perversion of the company's original values and people all so that some rich assholes can make more money.
Capitalism is all about perverse incentives. It's unavoidable