Remove Cost Remove Hiring Remove Liquidity Event Remove Vertical
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Timing your exit – Don’t ride it over the top.

Berkonomics

In the previous six months, I’d read several articles in finance blogs or newsletters about yet another company that had just been financed in their specific vertical. They had only two strategic options – an early exit, or hiring a ‘name CEO’ that might be able to raise a big enough round in time.

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Rocket Science 2: Drinking the Kool-Aid

Steve Blank

In reality I had been hired as CEO and the adult supervision and administrative overseer of one of the most creative talents in the valley. Thanks for sharing the lessons you’ve learned, especially the ones where the cost is measured in years. You mention above being on both sides of a reality distortion field. . -