The only nitpicky note I have is that Elon Musk was NOT a founder of Tesla. He was brought in after - even though it was a year after (small time span).
PS - both of my successful exits were Pro-CEOs but with the founders still present in some capacity.
OK but this ignores the (very) large universe of Founder CEOs who crashed and burned. Sure there are founders who are capable CEOs - and more power to them - but it ignores the many failures.
Secondly professional CEOs generally come in much later - and also typically when the company is in some degree of distress (otherwise why replace the founder?) - so benchmarking them against founder CEOs on metrics such as growth rate doesn't really seem valid.
The only nitpicky note I have is that Elon Musk was NOT a founder of Tesla. He was brought in after - even though it was a year after (small time span).
PS - both of my successful exits were Pro-CEOs but with the founders still present in some capacity.
Fascinating read CJ.
And props on the Pinkman quote 😀
OK but this ignores the (very) large universe of Founder CEOs who crashed and burned. Sure there are founders who are capable CEOs - and more power to them - but it ignores the many failures.
Secondly professional CEOs generally come in much later - and also typically when the company is in some degree of distress (otherwise why replace the founder?) - so benchmarking them against founder CEOs on metrics such as growth rate doesn't really seem valid.