Reminder that Vlad Tenev founded Robinhood, an incredibly successful app that disrupted an industry and is still best in class. There really is no replacement for a founder CEO.
Not true that there's no replacement for a founder CEO. Creating a company and growing it to viability is a much different skillset than running a company of a given size. Many startups have actually eventually suffered because they didn't transition.
Would you say the same about Travis Kalanick or Adam Neumann?
And Elizabeth Holmes
Not the best example since she wasn't replaced.
I would say that Kalanick and Neumann's mistakes were quite a bit worse than overhiring.
Sure, what I meant is that founder CEOs are not as irreplaceable as it might seem.
To be fair, Travis was not the founding CEO of Uber. That was Ryan Graves.