Q&A with Aaron Levie
themacro.com
themacro.com
Well, a megalomaniacal founder who wants to hire 10,000 people and run a huge company has the exact same baggage as his large competitors. The baggage is just cultural, rather than business baggage or technical baggage. I think investors like Aaron Levie, who's all around a brilliant and highly accommodating guy, don't recognize that cultural baggage exists at day 0.
> Don’t hedge your bets.
That makes sense from the point of view of an investment portfolio manager, where you would want all of your companies to do the thing you actually invested in them to do in order to achieve diversity. But from a business point of view, bifurcating strategy could make a ton of sense.
Maybe we're talking about different companies. I really admire places like Valve, which definitely regard culture as their main source of enterprise value (rather than some notion of legacy-free competitiveness) and bifurcation (game development and store management) as successful. You could find lots of people who wouldn't care to found a Box.net. But who wouldn't want to found Valve?
After two years of grueling, insane focus they managed to push out Half Life on November 19, 1998.
After four more years of growing into their shoes they launched Steam in 2002.
If they hadn't gone all-in and focused on their first idea there would be no steam, no culture, etc.
Being Focusing as a startup is the ONLY option if you want all the trappings / options / creativity / line extension that come out of mature / revenue positive companies.
(1) https://en.wikipedia.org/wiki/Valve_Corporation#Founding_and...
How'd you come up with this? I'd much rather build Box than Valve. What's so special about Valve other than making some games? Business != culture.
Box is a great company but I don't think it's as impactful.
Personally I'm just not very interested in gaming.
This is a very disappointing list. He is the CEO of a major corporation, but everything he wants to improve has nothing to do with how he interacts with other human beings, be they family, employees, customers, or anyone else.
He's just another normal human being and is being genuine about it.