1996 Software Software Developers Valuation 
www.paulgraham.com
OCTOBER 23, 2010
I wanted to work in the pure, intellectual world of software, not deal with customers mundane problems. People who dont want to get dragged into some kind ofwork often develop a protective incompetence at it. Some believe only businesspeople can do this-- that hackers can implement software, but not design it. Thats nonsense.
Ben's Blog
APRIL 28, 2010
Looking across these nearly 50 companies, the study finds that founding CEOs consistently beat the professional CEOs on a broad range of metrics ranging from capital efficiency (amount of funding raised), time to exit, exit valuations, and return on investment. Let’s just say he didn’t have the benefit of the doubt.
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