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> The second fault was the CEO’s. He didn’t even try the app once before presenting it to the investors. That says it all regarding maturity and/or professiona

> The second fault was the CEO’s. He didn’t even try the app once before presenting it to the investors. That says it all regarding maturity and/or professionalism, that’s the number #1 job of the CEO.

throwawayboise 5y ago
The CEO should not be presenting the app in the first place. Product demos should be done by someone who knows the product inside and out, knows where the unfinished bits are (if any), and has experience presenting products to investors/buyers.
- MobileVet 5y ago
  Have to disagree on this a bit. The meeting in question was with an investor. The CEO should be the point person for all investor relations... especially the first meeting with said investor. If your CEO can’t ‘sell’ the product / app/ company to an investor effectively, you won’t last. The CEO should absolutely have the skills, knowledge and energy to sell whatever it is your business does
  - throwawayboise 5y ago
    Oh of course the CEO should be involved with the investors, at a business level. I'm saying the CEO is not the best person to actually do the demo, in most cases. Bring along a product and sales expert to the meeting do that. Steve Jobs is the exeption that proves the rule; most CEOs do not have his showmanship.
    - Diesel555 5y ago
      This reminds me of the WWDCs. Tim Cook is there to introduce the products, but their engineers (or management of the individual product) are the ones to demonstrate it. But, I guess Apple probably has people with better salesmanship skills in each product team than the startup had below the CEO. I'm arguing with myself.
- chrisandchris 5y ago
  Maybe yes, maybe no. Take a look at the presentation of the original iPhone. It was presented (if I remember correctly) by Steve Jobs himself. But he knew exactly which buttons to press in which order, because otherwise the phone would crash. I think such an important presentation may/must be done by the CEO, but he must exaclty know that to do and he must prepare very well.
  - NotSwift 5y ago
    You can let the CEO handle the overall presentation and let someone else do the demo. The CEO should focus on the overall picture and selling it as a product, while a more technical person should do the demo. I have seen this multiple time in presentations.
cure 5y ago
> that’s the number #1 job of the CEO. Actually, no, the #1 job of the CEO is "do not run out of money". But, I agree that this CEO sounds like a complete cowboy. Not preparing properly for an investor meeting is ridiculous, and with that attitude, this CEO will probably run out of money sooner or later... I suspect the author of this article will be much happier in her new job. Hopefully she knew what kind of work environments to avoid after this experience.

throwawayboise 5y ago

The CEO should not be presenting the app in the first place. Product demos should be done by someone who knows the product inside and out, knows where the unfinished bits are (if any), and has experience presenting products to investors/buyers.

MobileVet 5y ago
Have to disagree on this a bit. The meeting in question was with an investor. The CEO should be the point person for all investor relations... especially the first meeting with said investor. If your CEO can’t ‘sell’ the product / app/ company to an investor effectively, you won’t last. The CEO should absolutely have the skills, knowledge and energy to sell whatever it is your business does
- throwawayboise 5y ago
  Oh of course the CEO should be involved with the investors, at a business level. I'm saying the CEO is not the best person to actually do the demo, in most cases. Bring along a product and sales expert to the meeting do that. Steve Jobs is the exeption that proves the rule; most CEOs do not have his showmanship.
  - Diesel555 5y ago
    This reminds me of the WWDCs. Tim Cook is there to introduce the products, but their engineers (or management of the individual product) are the ones to demonstrate it. But, I guess Apple probably has people with better salesmanship skills in each product team than the startup had below the CEO. I'm arguing with myself.
chrisandchris 5y ago
Maybe yes, maybe no. Take a look at the presentation of the original iPhone. It was presented (if I remember correctly) by Steve Jobs himself. But he knew exactly which buttons to press in which order, because otherwise the phone would crash. I think such an important presentation may/must be done by the CEO, but he must exaclty know that to do and he must prepare very well.
- NotSwift 5y ago
  You can let the CEO handle the overall presentation and let someone else do the demo. The CEO should focus on the overall picture and selling it as a product, while a more technical person should do the demo. I have seen this multiple time in presentations.

cure 5y ago

> that’s the number #1 job of the CEO. Actually, no, the #1 job of the CEO is "do not run out of money". But, I agree that this CEO sounds like a complete cowboy. Not preparing properly for an investor meeting is ridiculous, and with that attitude, this CEO will probably run out of money sooner or later... I suspect the author of this article will be much happier in her new job. Hopefully she knew what kind of work environments to avoid after this experience.