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346 points BirAdam | 1 comments | | HN request time: 0.203s | source
1. AlbertCory ◴[] No.39949286[source]
The ONLY companies that last more than a generation or two are family-owned.

https://albertcory50.substack.com/p/whats-missing-with-ameri...

There are a few exceptions, but for the most part, "professional management" just does not survive for very long.