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Clearly there has to be some point at which the CEO calls it quits. Having a death-warrant placed on your funding seems like it might be one of those times - ag
by damoncali 16y ago
Clearly there has to be some point at which the CEO calls it quits. Having a death-warrant placed on your funding seems like it might be one of those times - again, I'd love to hear from someone who has been there.
- redthrowaway 16y agoAs founder and CEO, the point at which you call it quits should be the point at which the company officially declares bankruptcy. That's your duty as CEO.
- damoncali 16y agoIs it? I thought it was to maximize the value to your shareholders.
- redthrowaway 16y agoAnd when it becomes clear that that's no longer a viable option, your job is to take care of bankruptcy, etc. You don't just jump ship.