5 ms·
And if you report or have to answer to anyone, they're not likely to be impressed that you hired that many duds/people who just didn't work out. I think it's
by mmt 17y ago
And if you report or have to answer to anyone, they're not likely to be impressed that you hired that many duds/people who just didn't work out.
I think it's important to note that the author is writing from the viewpoint of a serial entrepreneur, which means the context is small startup environments.
Presumably he still might answer to a board, but those may all be co-founders. Regardless, I don't think they would need to be impressed by his management style so much as his end results.
- hga 17y agoHow many startups are funded entirely by real co-founders? Some, I'm sure, and a lot more now, but is that the exception rather than the rule? So if you have "normal" investors, unless the board that includes them is really hands off they'll notice and I can't imagine it will help his credibility. If it's that hands off you're in trouble in that they aren't likely to be very committed to the venture.
- mmt 17y agoI'm not suggesting funding entirely by co-founders but, rather, controlled by them. It also seems a bit like speculation, unless you're a VC or angel who has seen this.