Good morning, For decades, many investors believed it took one sort of leader to start a company and another to scale it. Especially in Silicon Valley, the stereotypical founding CEO would be a young engineer who'd start the company and reach product-market fit, and the second CEO would be a gray-haired executive with a business or sales background. Then, around 10 years ago, the common wisdom began to change. Investors now favor keeping founding CEOs for as long as possible. Eren Bali, co-founder and CEO of Carbon Health has seen the shift himself. After scaling his first company Udemy and handing the reins to a more experienced executive, he says he’s now planning on keeping the lead a second time around. “I'm the founding CEO, and I will remain CEO for as long as possible.” Read on for why founders can better lead companies even as they continue to grow. |
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