But the notion of "taking credit" is sort of at odds with the micromanagement of the employees. Also for a CEO that's also a funder the only real question is making money or not. For example I'm sure even when you had a CEO like Steve Jobs who always thanked his workers, the reality is that most people only know who Steve Jobs is rather than individual team members.
No it's not.
"You wouldn't have completed this project if I hadn't been there to correct your mistakes."
Good leaders correct details because they think they're important. Micromanagers correct minor details as a means of making it look like they're adding value (oftentimes this is a lie they tell themselves just as much as it is one they tell others).
Plus, funding a company doesn't buy one a CEO spot. If it did, all startups would be run by VCs.
How do you know this business was built by the CEO? It's very frequently the case that this kind of CEO is adding no value and is simply adept at taking credit for their underlings' work.