When Founders Can’t be CEO
Investing in a growing company often means finding a role for the founder post–acquisition. But not every founder makes for a good CEO, and founders that might be good CEOs are sometimes resistant to changing their duties. Experts from 3i, The Riverside Company and ADP discuss:
- The very important alignment discussion that must come early in the deal
- The need for a founder to decide what he or she wants to get out of the investment
- Best practices in vetting founders/CEOs prior to an investment
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