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investors usually move to replace founders with more experienced executives. I don't like that at all. Captains sink with their ships, it's the most time test
by iamdave 18y ago
investors usually move to replace founders with more experienced executives.
I don't like that at all. Captains sink with their ships, it's the most time tested adage of being a leader. The notion that investors pull out the founders and replace them with Executives I think showcases a problem with how we analyze human relations in business: people are expendable and don't matter as long as they can keep the gears turning that pad wallets.
I understand the point of business: make money. But when did it become fashionable to give up the ability to command your crew just because a petty officer comes along and says "get lost" just because he's paying the bills? Pay the bills or not, I stand by my opinion: a captain should sink with his ship.
Got a shitty founder, teach him how to be a better founder and in the end you'll all benefit. Or are we all just too greedy to give a damn?
- thomasmallen 18y agoIf I go the startup route, I'll do it without investors. Start small. Then earn a little, grow a little, and make smart business decisions. Repeat. I'd much rather be on a solid foundation in ten years than on top of the world in two and back on the streets in another.