Re:Complete DIY guide: legal basics for startups
by clogston on Monday June 30, 2014 @10:32PM
(#7968892)
In early stage startups, the title of CEO has more to do with who's in charge of vision and runway and less about org structure. Decisions are usually made based on an equity stake.
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Re:Complete DIY guide: legal basics for startups
by ares2012 on Tuesday July 01, 2014 @12:27AM
(#7969169)
That is most definitely not the case for most start up companies I work with. Not have a CEO day one who runs the company is usually a sign that you have not started a company before.
Re:Complete DIY guide: legal basics for startups
by mikeyouse on Monday July 07, 2014 @10:54PM
(#8002796)
Most C-Level employment decisions are made by the board on behalf of the shareholders. Many new companies do not have a BOD yet, so the shareholders will have 'direct' representation. Extremely early stage companies will have all of their shares split between the two founders.
The mere presence of a "CEO" title doesn't grant one founder domain over the other(s), and it shouldn't, but this helps explain the frequency of founder drama.