The Importance of Decentralization in Startups

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A lot of people in startups have been at sort of very restrictive employers who were excessively centralized. And so they just want to decentralize absolutely everything. It's sort of reactive because they've been hampered by bureaucracy and they're going to have a negative reaction to it. Exactly. So instead of thinking about it as a flexible strategy where, oh, we could be more centralized in this dimension and less centralized than that dimension, they were thinking about it like the whole company has to have a certain level of decentralization.

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What is risk-driven development? How should we weigh advice, best practices, and common sense in a domain? What makes some feedback loops better than others? What's the best way to take System 2 knowledge and convert it to System 1 intuition? What are forward-chaining and backward-chaining? When is it best to use one over the other? What are the advantages and disadvantages of centralization and decentralization?

Satvik Beri is a cofounder and head of Data Science at Temple Capital, a quantitative hedge fund specializing in cryptocurrency. He is a big believer in the theory of constraints, and he has a background helping companies find and eliminate major development bottlenecks. Some of his interests include machine learning, functional programming, and mentorship. You can reach him at satvik.beri@gmail.com.

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