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bad company, actually. They never had a really good product, and I don t think their customers were very well served. If you are going to get a manager, it s probably better to get somebody from GE Jet Engines because, at the end of the day, the customer who buys a GE jet engine gets value. It s a high-quality product. They at least have that kind of culture of building something reasonable for the customer.
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Livingston: Did you like and approve the hire of this new CEO Greenspun: I liked this guy reasonably well, but a lot of it was desperation. I really didn t like what my job had become. Until the company had about 40 people, it was a lot of fun. I felt like work was getting done that I would have done if I d had more time. It was being done in my style and to my quality standards. It was like being pushed along by this tide of helpers. But at the time of the VC investment, we had 80 people, and I thought, Things are beginning to get done that I wouldn t have done. Some of my cofounders and more experienced folks were also stretched pretty thin because of the growth. I thought, We just need the insta-manager solution. Which, in retrospect, is ridiculous. How could someone who didn t know anything about the company, the customers, and the software be the CEO Our customers weren t hiring us to be management experts; they wanted a really good programming team to build something of high-quality and deliver it quickly. They didn t need anyone to talk smooth to them. A lot of the traditional skills of a manager were kind of irrelevant when you only have two or threeperson teams building something. So it was almost more like you were better off hiring a process control person or factory quality expert instead of a big executive type. They brought in a new executive team very quickly, and I acceded to this because I knew that my skills weren t in management and, in theory, somebody else could have done just as good a job as CEO. But apparently nobody could do quite as good a job at making the engineering decisions on the toolkit. Jin and I and a few other experienced engineers we knew what worked, we knew what didn t work we should be concentrating on the product. The CEO was a guy who had never been a CEO of any organization before, and he brought in his friend to be CFO. His buddy didn t have an accounting degree and he was really bad with numbers. He couldn t think with numbers, he couldn t do a spreadsheet model accurately. That generated a lot of acrimony at the board meetings. I would say, Things are going badly. And he d say, Look at this beautiful spreadsheet. Look at these numbers; it s going great. In 5 minutes I had found ten fundamental errors in the assumptions of this spreadsheet, so I didn t think it would be wise to use it to make business decisions. But they couldn t see it. None of the other people on the board were engineers, so they thought, Well, he s the CFO, so let s rely on his numbers. Having inaccurate numbers kept people from making good decisions. They just thought I was a nasty and unpleasant person, criticizing this guy s numbers, because they couldn t see the errors. From an MIT School of Engineering standpoint, they were all innumerate.
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