this post was submitted on 18 Nov 2023
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Technology
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So after the company becomes successful, they need to stop coming up with new ideas? A tech company? Like, I get it but I don't get it. Why do investors want that? Why would anyone want that? You can filter their creative input without indulging their every whim.
It's like the bands that create amazing and unique music and become super popular based on said music, then their next album sounds like every other "pop" band in existence. Like what are people even buying at that point?
I'm by no means saying that they have no further role in the company, and you are absolutely correct that these companies need to continue to innovate. This is why I mentioned transitioning control to a better candidate, because the role of the CEO changes as the company matures.
Smart founders should find a way to continue to play into their strengths instead of clinging to the highest title, otherwise they will always need to be removed.