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Les Trachtman
Sep 3, 20195 min read
Why it’s Bullshit to Keep a Founder Around After His Ouster
Founders don’t often voluntarily replace themselves. It’s usually not their decision to step aside to let someone else take over the...
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Les Trachtman
Aug 24, 20193 min read
Ruined by Success
It’s the entrepreneur’s dream. An idea hatched in a garage blossoms into a venture that begins to scale and attract mainstream customers....
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Les Trachtman
Aug 24, 20195 min read
Don’t Delegate Responsibility Unless You Give Up Authority
Just weeks after the attacks of 9/11/2001, we held our regularly scheduled quarterly board meeting with our venture capital populated...
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Les Trachtman
Aug 24, 20198 min read
I Founded a Company That is Growing Fast; Why Would My Board Replace Me?
You worked hard. You beat the odds. Your company is growing fast. How could your board possibly have any motivation to replace you? If...
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