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This is also what you see VCs insist on in many cases- So called "Adult Supervision", wherein you might adopt an experienced CEO who knows how to run a company,
by e1ven 16y ago
This is also what you see VCs insist on in many cases- So called "Adult Supervision", wherein you might adopt an experienced CEO who knows how to run a company, even if he doesn't have the same drive for this particular idea.
- bfe 16y agoSometimes the VC brings in "adult supervision" in the form of an experienced serial entrepreneur, which can be great. Sometimes the VC brings in "adult supervision" in the form of an MBA with many years of experience as a consultant or investment banker and zero experience founding or even managing a company, which can be not so great.