VCs' Strange, Instinctual Need to Replace Founders
Harvard Business Review
JULY 25, 2012
Venture capitalists exhibit some strange behaviors, but none is more bizarre than the near-inevitable scheming to remove a company's founder-CEO. The process, instituted by a particular stripe of venture capitalist, represents the acme of "adult supervision" by the VC, a destroy-the-village-to-save-it moment of investor heroism.
Let's personalize your content