No Co-CEOs

October 24, 2016

I will be reposting or updating some posts I've made over the years.

 

This topic is one that tends to come back once in a while.

 

As an investor, I don't want Co-CEOs. 

 

Some folks love the idea, and it can work in some instances. 

 

But what I want, is to know who to shoot first.  Whose head is on the chopping block, and who is the ONE person I need to deal with if I want to know something will get done.  If you can't respond and have your team point to the same person, then there's an issue brewing that I don't want to have to unwind.  If I know there's going to be a problem after the investment, why should I make the investment beforehand? 

 

Don't divide the pie up evenly.  Everyone is equal, but at least make one person more equal that others.  Give the head of the team one more share than everyone else.  Something that can break ties, and make it easier for both the investors and the team to understand.

Share on Facebook
Share on Twitter
Please reload

Recent Posts

January 24, 2017

October 24, 2016

October 20, 2016

Please reload

Archive

Please reload

Follow Us

  • Grey Facebook Icon
  • Grey Twitter Icon
  • Grey LinkedIn Icon

©2019 by Capital Foundry