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Understanding "Founder Mode" vs "Manager Mode"

"Founder Mode" is a hot new term coined by Y Combinator founding partner Paul Graham. This and "Manager Mode" have thrown business professionals into a debate about which is better: involving yourself with your business at every step, or stepping back after hiring experienced co-workers? Today, we break down both sides. Plus: Mcdonald's McFlurry gets a makeover and Nvidia is hemorrhaging value.