This is not necessarily a good thing. As a "middle manager" I had to ditch 80% of all the developers my bosses and company founders had hired before me because they were pretty much incompetent. I found exactly one "diamond in the rough" amongst the people they hired. (And by "rough" I mean the guy landed himself in jail twice while he worked here...).
We could function with a third of the head count in competent people. And by function I mean be more productive, make better products and have more fun doing it.
Taking a chance, sure, but in my experience CEOs and founders are not particularly great at hiring. Even technical founders are often too young and inexperienced to get it right.
Also, if they hire middle managers and HR people that only play it safe, that is pretty much part of the same pattern.
We could function with a third of the head count in competent people. And by function I mean be more productive, make better products and have more fun doing it.
Taking a chance, sure, but in my experience CEOs and founders are not particularly great at hiring. Even technical founders are often too young and inexperienced to get it right.
Also, if they hire middle managers and HR people that only play it safe, that is pretty much part of the same pattern.