Huddleston: When founders should accept an investor-mandated external CEO
Eric Huddleston · 1027 Finally a $10m+ PR Company Focused on Analytics! · May 17, 2018 · at 5:49
TrendKite CEO Eric Huddleston outlines a decision framework for early-stage founders facing investor pressure to bring in an external CEO.
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“They really need to look at a trade off of the enterprise value that they can create over what timeframe. And you know, if they're confident that, you know, they can kind of eke it out with less capital and have a fantastic outcome in a timeframe that, that works for them, then they should say no. But if they're either not confident in their own abilities, or if they're confident that that an external CEO could radically accelerate, you know, time to, you know, kind of critical mass then it makes, makes total sense.”
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