3 A venture-backed turnaround: A dangerous place to be
This chapter covers
- Do you know when investor priorities might clash with yours as CEO?
- Is your startup's path aligned with your investors' 10-year time limit?
- Are you ready to say no when an investor asks you to take on a venture-backed turnaround?
There can be a lot of benefits in joining an existing startup with a great CEO to learn from on the way to being ready to be CEO yourself. But it has to be the right thing for you, not just for investors, who are not looking out for your interests first; they are looking out for theirs first. I also want to point out the danger inherent in being the leader of a venture-backed startup that requires a turnaround. In fact, the concept of a ...
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