DISQUS

The Equity Kicker: Founder transitions

  • David Stone · 1 year ago
    Many I'm being naive, but I just don't "get" this one. As a founder, and acting CEO I look forward to the day I can hand over and step aside, don't get me wrong I love it, but...

    A good coders aim is to make himself redundant, always. If what he/she builds is so good they're no longer needed on that problem that's a job well done. You move onto a hopefully harder, and currently unsolved challenge/problem/etc

    Now, isn't it similar? When a business hits the point where your work on that problem is done. Not to say the problem is solved but your work on it is no longer needed, no longer the right person to have at the helm isn't stepping aside a compliment to you?
  • nic · 1 year ago
    Thanks Dave. Not everyone looks on it the same way as you though. It sounds like ego and control/power are not important concepts for you.
  • David Stone · 1 year ago
    Possibly.

    I imagine it's actually highly specific to the situation, with far too many variables to *know* how you'd react... but when you get onto "I", I'm obvious bias.
  • Henry yates · 1 year ago
    I liked this bit of advice for founder CEOs...
    http://cerdafied.typepad.com/cerdafied_voip_mob...
  • nic · 1 year ago
    Hey Henry - great link. I will add it as an update.
  • Neccia Celli · 1 year ago
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  • Max Bleyleben · 1 year ago
    Good post Nic. We need a lot more open debate on this topic, as it creates a lot unnecessary tension. At our end of the patch I think it's even more complex, see http://maxbley.typepad.com/maxs_blog/2008/08/fr....