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This is a link-baity title. They have clearly not done away with "bosses", as the two co-founders clearly are and remain bosses. They have just decided that between the two co-founders, they don't need more management, they can rely on self-management, which is completely sensible.

As long as someone is handing out performance reviews, bonuses, and raises, there are bosses. This obviously includes the people with the checkbooks, but it also includes the advisers, formal and informal.

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