News
92 per cent of VCs expect to axe founders
February 2, 2008 /
Fewer than one in 10 company founders can expect to remain in charge of their business after venture capital investment, according to a poll by the European Leadership Programme, the executive support body.
In a survey of 52 venture capitalist firms, 92 per cent said they expected to replace a company founder with a new chief executive, and 70 per cent predicted that they would get through at least two different company heads before either selling or listing the business.
Full Story: http://news.yahoo.com/s/ft/20080201/bs_ft/fto020120081017556138
MATR Supporters (view all)
Posted in: Funding and Building your Business
News Catrgory Sponspor:
Dorsey & Whitney - An International business law firm, applying a business perspective to clients' needs in Missoula, Montana and beyond.