2min chapter

The Startup Ideas Podcast cover image

Anything Is Possible with David Friedberg

The Startup Ideas Podcast

CHAPTER

Dornbush's Law

Dornbushs law says that it was originally around currency crises, but it applies to this exactly. incumbents generally are not run by folks that started the business. Founders don't sit at the helm of big, hundred and 50 year old companies. And as result, their incentive is really to keep the trains on time.

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