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> the sort of person who is comfortable with choosing an investor's bank account over an employee's family is also the sort of person who is likely to be chosen
by mason55 4y ago
> the sort of person who is comfortable with choosing an investor's bank account over an employee's family is also the sort of person who is likely to be chosen to be CEO.
A hard part about being a leader is doing what's best for the highest number of people. If you're short on runway and the investors tell you that you either lay people off or you're not getting funded, it's not about choosing investors over employees, it's about saving as many employees as you can.
In the current climate this is exactly what investors are saying.
Ben Horowitz has some good stories about this in The Hard Thing About Hard Things