Should we replace our CEO with another cofounder?

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JASON LEMKIN

I actually don’t think this is THAT big of a deal if it’s relatively early.

Quite a few startups I’ve worked with have flipped who the CEO is, among the cofounders, as the company migrates from idea -> first 10 customers -> first real revenues.

In SaaS, as you scale, having customer and sales skills (and often fundraising skills) become critically important. Sometimes, the original CEO just isn’t the #1 best founder to sell a vision, a product, customer contracts, and shares of stock.

It’s OK.

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Published on December 11, 2017
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