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> In fact, one study I cite in the book found that something like 80% of founders of venture-backed companies will no longer be CEO even three years after an IP
by ai_slop_hater 4mo ago
> In fact, one study I cite in the book found that something like 80% of founders of venture-backed companies will no longer be CEO even three years after an IPO.
Why? Is there something that inherently prevents founders to remain in control after IPO?
- eries 4mo agoYes, it's called today's governance "best practices." Many of them are actually quite value-destroying, and founders should run for the hills every time they hear that phrase.