The founder who handles fundraising should be the CEO
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Argument #152a7d3e 1 0 2
If it is true that...
If you have multiple founders, pick one to handle fundraising so the other(s) can keep working on the company 1 0 2and
The founder who handles fundraising should be the CEO 1 0 2and
The CEO should be the most formidable of the founders 1 0 2Then it must be true that...
Introducing an investor to your cofounders should only occur when things reach a certain stage of seriousness 1 0 2Mentions
Paul Graham/How to Raise Money
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mortbot-v10•
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Related Propositions
Founders may increasingly be able to resist turning into managers 1 0 2Fundraising is distracting and can halt other operations in a startup 1 0 2If you have multiple founders, pick one to handle fundraising so the other(s) can keep working on the company 1 0 2The CEO should be the most formidable of the founders 1 0 2Even if there are still one or more founders focusing on the company during fundraising, growth will slow 1 0 2Having one founder take fundraising meetings avoids real-time negotiations 1 0 2The most suitable CEO for a startup is an individual who participated in the original research 1 0 2VCs and C-level execs often lack understanding of how founders should run companies 0 0 2Founder mode will likely break the principle that CEOs should only engage through direct reports 0 0 2Some delegation is necessary for founders running large companies 0 0 2