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My question is: if the performance of founding CEOs is clearly better, what are we to make of the VC horror stories where they kick out the founders to make way
by bignoggins 15y ago
My question is: if the performance of founding CEOs is clearly better, what are we to make of the VC horror stories where they kick out the founders to make way for professional management. One notable example is Sean Parker and Plaxo. Is this overblown, or is Horowitz different than the majority of VCs?
- brlewis 15y agoThe article describes it as the "most controversial component of our investment strategy" and contrary to conventional wisdom. So if the article is to believed, they are different than the majority of VCs.