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Were all the people that were hired cofounders? Also, why would you need a hired CEO, wouldn't your friend fill that role? The arrangement you all had seems str
by brigadier132 3y ago
Were all the people that were hired cofounders? Also, why would you need a hired CEO, wouldn't your friend fill that role? The arrangement you all had seems strange.
- stavros 3y agoThree cofounders, three advisors. I think my friend's thinking was that we'd have someone from technology (me), a scientist (him) and a business person (the CEO), but unfortunately it turned out that picking someone at random to be the CEO of your company isn't the best strategy. I advised that my friend become CEO instead and that the then-CEO become more of an operations person (COO? Titles in a three-person startup are weird), which was a role the CEO wanted more anyway, but I think the advisors didn't want to go for that.