I understood what you meant, that's why I disagreed. :) > but to say he was a bad CEO because he didn't sell at the right time is akin to... My point is exact

I understood what you meant, that's why I disagreed. :) > but to say he was a bad CEO because he didn't sell at the right time is akin to... My point is exactly this. This, in hardware startups at least, is probably the most important trait of all, at the end of the day. Everything is a wave. You need to take the photos and jump while you are on the top of it, otherwise you are swallowed by it further down the "road". Knowing when the wave is at its max (before breaking) is as important in surfing as in business, apparently.