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    Daily Archives: Oct 12, 2020

    Founders Leaving

    Founders leaving a company can send shock waves, especially if it’s sudden. All Founder exits are not necessarily bad for the Founder or the company. In the best situations, a Founder’s departure is both strategic and mutual.

    Founders leave companies for a variety of reasons that can range from the company evolving to a point where they need professional management beyond the Founder’s current capability or desire, to the company is woefully underperforming and the board members decide on the change to try to get the company back on track. It would be great if all Founder departures were based on performance relative to the stage of the company and expectations, but of course, we know this isn’t always the case when there are people involved who bring their ego and other self-interests into the mix.

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