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> You simply cannot be honest about deadlines or realities with these people. This hits home. PE: Our investment thesis says x, y, z. Why aren’t you achieving
by conductr 7y ago
> You simply cannot be honest about deadlines or realities with these people.
This hits home.
PE: Our investment thesis says x, y, z. Why aren’t you achieving goals?
ME: That was a spreadsheet built 3 years ago, by you, 2 years before a CFO was hired. Do I really have to remind you of every false assumption you guys made when you built that model each month when I deliver financial results?
These jokers built a long range plan (complicated back of envelope), with no industry experience, made up growth rates, and expect reality to match up.