What Happens to a Business When the Founder Leaves?
Some founders are synonymous with their startups, so it can come as a shock when they leave.
Sometimes it’s a personal choice, like Jeff Bezos’ decision to step down as Amazon’s CEO. Sometimes it’s through acquisition, like Lisa Price selling her Carol’s Daughter line to L’Oréal. But most often, investors fire the founder because they want the company to grow in a different direction.
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