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Bill Taylor: Great people are overrated

from Harvard Business Review

Last month, in an article in The New York Times on the ever-escalating "war for talent" in Silicon Valley, Facebook CEO Mark Zuckerberg made a passing comment that has become the entrepreneurial equivalent of a verbal tick — something that's said all the time, almost without thinking. "Someone who is exceptional in their role is not just a little better than someone who is pretty good," he argued when asked why he was willing to pay $47 million to acquire FriendFeed, a price that translated to about $4 million per employee. "They are 100 times better." Now, I admire what Mark Zuckerberg has built, but do we take seriously what Silicon Valley giants claim about talent? If you are building a company, would you prefer one standout person over 100 pretty good people? more

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