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  1. You can found an institution or you can inherit it. The East Coast of the United States is about inheritance. [0] That means inherited wealth, like the Du Ponts, Forbes, and Mellon families.It means inherited names, like Kennedy, Bush, and Clinton.But most of all it means inherited institutions, like the media corporations of New York and the government bodies of Washington, DC.
  2. andrewschrbr.medium.com

    Because the latter inherited organizations exist in a read-only state. Meaning they work fine, until a change of operational landscape demands adaptation and the existing systems break. Inherited organizations select leaders through heirs — genetic or political — while founder organizations select leaders through industriousness-from-scratch.
  3. whatifwhatif.medium.com

    Ironically, the founding of nation states not many centuries ago was in itself a paradigm shift — from the age-old loyalties and organisational frameworks structured around religion and the Church. Before nation states, sacred holy texts as well as religious authorities from Rome to Constantinople to Baghdad dictated the highest order of laws ...
  4. virginica.substack.com

    Last week, Balaji Srinivasan wrote an interesting blog post comparing institutions where those at the top are founders to institutions where power is distributed via inheritance. He finds that institutions run by founders have numerous advantages, but most relevant to our time is their ability to reinvent themselves in the face of a disaster or societal shift like the COVID-19 pandemic.
  5. abhisekbasu.com

    Inheriting a company, a name, a profession is widely considered to be inferior than founding of the same. II. Why, then, do we practice what we unanimously hate? We know from Balaji's post that inheriting doesn't usually work out for the one who is inheriting an institution, and for the people of the institution themselves.
  6. the-gate-keeper.medium.com

    It is by mere coincidence that my own fate has fallen at the intersection between East Coast inherited institutions and West Coast Founder Disruptors that Balaji highlights in his post: Founding vs
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