In the early days of a startup, once your company achieved scale, the technical founder would step back to be replaced with a “professional chief executive”. This used to be commonplace; everyone from Cisco to eBay went through the management team merry-go-round. But the tide is turning and there is a growing acceptance that the […]
“Marry the believers, divorce the naysayers.” My CFO said that when I first met him; it’s what his previous CEO used to tell him. Get the wrong people off of the bus and keep the right people on. Unfortunately, this advice is hard to follow most of the time.