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What I learned as a VC filling in as a startup CEO for 4 months

venturebeat.com

31–40 of 86 posts

Re: What I learned as a VC filling in as a startup CEO for 4 months

#31

The writer's a VP, won awards, worked in i-banking, and has a double bachelors from an ivy league. She's trying to be cheeky and the first hot takes from the HN community is whoa, how dare they! Relax, it's a quick sunday read. Go do something nice for someone.

That context isn't in the article; people are judging based on what is in the written article.

Re: What I learned as a VC filling in as a startup CEO for 4 months

#32

This is the strangest thing I've read today. At so many levels. Really really weird. I wonder if the author's LinkedIn now says "Acting CEO" at company blah, thereby qualifying them for some full CEO role somewhere as a next career step.

I know many "acting CEO's" list that time as CEO, and are considered CEO (and rightfully so) for that duration.

Re: What I learned as a VC filling in as a startup CEO for 4 months

#33

The writer's a VP, won awards, worked in i-banking, and has a double bachelors from an ivy league. She's trying to be cheeky and the first hot takes from the HN community is whoa, how dare they! Relax, it's a quick sunday read. Go do something nice for someone.

None of that is operational experience, as they themselves wrote. I've never seen an award that mattered either.

I'm sure they're a smart individual but expression and context matters, and still leaves the question of not finding someone in the actual company who could take over temporarily.

Re: What I learned as a VC filling in as a startup CEO for 4 months

#34

"The company has 100+ employees, hundreds of customers, and more than 15,000 end users. I spent almost four months as CEO. Prior to this role, my “operating experience” consisted of working as a waitress during college." I'll admit: I dug a bit to figure out what space the company is in, so that I can avoid using their services if it was applicable. Side thought: It'd be interesting to do a bizarro "Undercover Boss"…

Re: bizzaro undercover boss, If it's for a week, "just don't fuck it up" would be fine. If I got airdropped into something where I had no experience or relevant insight (e.g. CEO of LVMH for a week), the only thing I could realistically do is try to keep stuff that was already working working (by deferring any decisions or just making "what would you do" delegations to subordinates), and spending the week learning about operations/industry. Maybe there would be a little value in someone from a different industry doing a high-level review of functional areas (e.g. seeing how LVMH manages inventory vs. wherever he had experience, or for me maybe digging into IT/security, or if you have nothing, just do "secret shopper" traditional undercover boss and then report back to the real CEO when he comes back).

A month to a year, depending on the industry and company, would be a lot harder. With a big company with long product cycles a month might largely be a vacation/autopilot too, but at a startup or in a critical time for a company, even a month could be life or death.

Re: What I learned as a VC filling in as a startup CEO for 4 months

#36
I’m not impressed with the comments here. The author has eight years of experience in finance and was apparently the best person to fill this role despite her lack of directly relevant experience. (You might disagree, but that was the perspective of investors with a lot of skin in the game.) The article makes good points and is well written. And yet it seems half of the comments can’t get past the fact that she worked as a waitress back around the time the iPhone came out. I’m not one to cry sexism, but I’m seeing s lot of it (and perhaps some classism too) in this thread. Please do better, HN.

Re: What I learned as a VC filling in as a startup CEO for 4 months

#37
post #34

"The company has 100+ employees, hundreds of customers, and more than 15,000 end users. I spent almost four months as CEO. Prior to this role, my “operating experience” consisted of working as a waitress during college." I'll admit: I dug a bit to figure out what space the company is in, so that I can avoid using their services if it was applicable. Side thought: It'd be interesting to do a bizarro "Undercover Boss"…

Re: bizzaro undercover boss, If it's for a week, "just don't fuck it up" would be fine. If I got airdropped into something where I had no experience or relevant insight (e.g. CEO of LVMH for a week), the only thing I could realistically do is try to keep stuff that was already working working (by deferring any decisions or just making "what would you do" delegations to subordinates), and spending the week learning ab…

"A month to a year, depending on the industry and company, would be a lot harder. With a big company with long product cycles a month might largely be a vacation/autopilot too, but at a startup or in a critical time for a company, even a month could be life or death."

You're right - you would need some extended period of time, especially at a larger company.

Re: What I learned as a VC filling in as a startup CEO for 4 months

#38

The writer's a VP, won awards, worked in i-banking, and has a double bachelors from an ivy league. She's trying to be cheeky and the first hot takes from the HN community is whoa, how dare they! Relax, it's a quick sunday read. Go do something nice for someone.

Also, it's PresenceLearning, a digital platform to connect learning professionals with K-12 students. It just takes two minutes of reading some context.

I don’t think it is PresenceLearning as they still have a founder who is described as the Co-CEO [0].

0. https://www.crunchbase.com/person/clay-whitehead#section-ove...

Re: What I learned as a VC filling in as a startup CEO for 4 months

#39
post #32

This is the strangest thing I've read today. At so many levels. Really really weird. I wonder if the author's LinkedIn now says "Acting CEO" at company blah, thereby qualifying them for some full CEO role somewhere as a next career step.

I know many "acting CEO's" list that time as CEO, and are considered CEO (and rightfully so) for that duration.

I assume 'Interim CEO' is also acceptable
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