SaaS CEOs That Go The Distance, To IPO … Tend To Be Founder-CEOs (Updated)
SaaStr
OCTOBER 30, 2023
Pushing Sergey Brin + Larry Page “down” to bring in an Outside CEO. At the Top SaaS Companies, Founder-CEOs Own ~15% at IPO. Founder-CEOs getting fired seems rarer these days, though. Ubers and WeWorks aside. Two that would be hard to imagine happening today: Pushing Steve Jobs out of Apple. A necessity for funding. You can do it.
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