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Also someone from the outside will be missing a lot of specialized knowledge about the company.

-May push for doing experiments and iterations that have been done and rejected before.

-May lead discussions towards and rehash things that have been settled before.

-May not be able to reason about how different pieces of the company fit together because, he or she will not be familiar enough with the details of these pieces.

It's about not having finely tuned error bars over facts and hypotheses about the company, about the missing non-commodity knowledge. I hate the words "tribal knowledge". However, I'm sure they thought about this. Joel Spolsky of all people, would understand these concepts.



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