29 ms·
You're right, but I get the feeling being acquired by a megacorporation is the goal for a lot of startups.
by wildrhythms 3y ago
You're right, but I get the feeling being acquired by a megacorporation is the goal for a lot of startups.
- marcinzm 3y agoBeing a founder and being the CEO of medium/large company (or even the head of the board) are very different jobs and skill sets. As we've seen with Flexport as the owner you can't simply hire on a CEO and focus on other things without likely severe issues. So eventually those founders sell the company to someone else for either the money or to have time to focus on other things they enjoy more.