This podcast episode delves into the evolving dynamics between founder and managerial roles within companies, examining historical precedents and current case studies to highlight the balance required for success. David Sacks, David Friedberg, and Jason Calacanis discuss critical distinctions between leadership and management, the evolution of "founder mode," and the implications of new technologies and practices in governance. Through stories of both triumph and failures, including the rise and fall of Bolt and the shifting political landscape surrounding Kamala Harris, the conversation underscores the importance of vision, adaptability, and responsibility in ensuring business resilience and maintaining editorial independence in a rapidly changing world.