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>How often do young founders actually hang onto leadership this long without either imploding or being replaced? Why are the Collison brothers different?

Stripe is great, so I assume these guys are good leaders. But Stripe was founded in 2011. Are there not plenty of young founders of that era "hanging on" to their leadership? I don't see anything particularly out of the ordinary here.

IMO...value. I personally feel like it's always easier for founders to stay on when their product provides actual, tangible, objective value. It clearly shows that they (the founders) sort've know their market, and know what they're doing (to some degree). When that's the case, I feel investors are happy to get out of the way and watch their equity rise. Whereas when a service isn't providing any real differential value, it's a lot easier to try to swap out the founders for the MBA/finance/corporate type that doesn't really know the market/audience.

I think it's to some extent the good old Irish charm, and I say that as someone married to a much better Irish other half.