Dear SaaStr: What Are The Chances of a Startup CEO Getting Fired?
JULY 24, 2022
So, if you don’t raise money and bring on any outside Directors, there is usually no one who can fire the CEO , unless the other cofounders get together, vote themselves the majority of the board, and then fire the CEO. So the other cofounders can sometimes fire you, but that’s about it. That’s different, and more common.