Category Business

The Elves Leave Middle Earth, a Normal Process at Every Young Company

Serial entrepreneur and consultant Steve Blank recently pointed out how he experienced that senior engineers left a hot startup when free sodas were cancelled. He uses it as a prime example for the so-called different tech startup culture, but this is not a unicum or specific to the tech startup scene.

I have participated to several new companies both in the bar scene and online and have every time experienced this happening, not because of free sodas or food being cancelled. It’s a natural process in every high paced sector.

Most companies go through 3 different ‘generations’ of teams. Read more

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