@StartupArchive_: Peter Thiel: “Steve Jobs probably gets too little credit” When asked if Steve Jobs gets too much credit for the success…
Summary
Peter Thiel argues that Steve Jobs deserves more credit and emphasizes the importance of founder-led companies for innovation.
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Peter Thiel: “Steve Jobs probably gets too little credit”
When asked if Steve Jobs gets too much credit for the success of Apple, Thiel responds:
“There are probably ways in which he gets too little credit… The founders of these companies are not divine beings - they’re not omnipotent, omniscient, or anything like that… But I think the importance of a charismatic leader who can bring out the best in people in something that is very underestimated.”
Thiel named his venture fund Founders Fund to emphasize this idea:
“We think that these tech companies do best when they’re led by founders…. We’re much more skeptical of the tech companies that are not founder-led. I think it’s weirdly understated as a problem… [Being founder-led is] the first approximation that would tell you which [companies] you can expect to innovate in the future and which ones won’t.”
Source: @radicaldiscours (Nov 2014)
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