A must read for all entrepreneurs and startups — need-to-know. Due diligence of VC before seeking funding is important but not fail safe in this instance of CEO replacement.
Excerpt: The weirder, more important instances come when a company is doing well. Frequently, VCs disagree with a key element of strategy, often how aggressively monetize the company at the expense of other growth. The downsides to doing so are several-fold. ….