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From the post it sounds like the CEO is the chief funder — so while it's not 100% clear if he was the founder (yes maybe he did purchase the business from a pre
by michaelpinto 14y ago
From the post it sounds like the CEO is the chief funder — so while it's not 100% clear if he was the founder (yes maybe he did purchase the business from a previous owner) he or she has "put their money where their mouth is". Although on the flip side the post doesn't indicate that the CEO isn't the original founder.
But the notion of "taking credit" is sort of at odds with the micromanagement of the employees. Also for a CEO that's also a funder the only real question is making money or not. For example I'm sure even when you had a CEO like Steve Jobs who always thanked his workers, the reality is that most people only know who Steve Jobs is rather than individual team members.
- j_baker 14y agoBut the notion of "taking credit" is sort of at odds with the micromanagement of the employees. No it's not. "You wouldn't have completed this project if I hadn't been there to correct your mistakes." Good leaders correct details because they think they're important. Micromanagers correct minor details as a means of making it look like they're adding value (oftentimes this is a lie they tell themselves just as much as it is one they tell others). Plus, funding a company doesn't buy one a CEO spot. If it did, all startups would be run by VCs.