There's an article making the rounds, which reminds me that I'm broadly skeptical of the things that Venture Capitalists say, because they have much less skin in the game than operators.
Here are some good takes worth reading instead:
https://skamille.medium.com/founders-create-managers-aba3c88981ba by @skamille
https://oxide.computer/blog/reflections-on-founder-mode by @bcantrill
https://samgerstenzang.substack.com/p/founder-mode-in-context by Sam Gerstenzang