4 ms·
Were you the founder / CEO of any the funded startups you were involved with? Not an ad hominem, just wondering where you're coming from. I think the fundament
by nickpinkston 16y ago
Were you the founder / CEO of any the funded startups you were involved with? Not an ad hominem, just wondering where you're coming from.
I think the fundamental issue here though is that there are massive costs of having an under-performing head founder. Replaceability is a massive risk (bad replacement, moral, public image, learning periods, etc.) compared to what it costs to keep the original CEO happy and driving hard toward the dream - assuming they're good in that position in the first place.
- tptacek 16y agoEqual-equity founder (not referring to my current company, Matasano, which we bootstrapped in 2005).