Comments on: Do you want to be Rich, or be the King? http://gigaom.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/ Tue, 18 Jun 2013 20:26:54 +0000 hourly 1 http://wordpress.com/ By: dispatches from TJICistan » Blog Archive » do you want to be rich, or do you want to be the king ? http://gigaom.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187570 Tue, 26 Feb 2008 01:58:14 +0000 http://foundread.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187570 [...] something like “Do You Want To Be Rich, Or Do You Want To Be The King?” (mentioned here) was interesting, but the majority of the magazine seemed useless. I was particularly turned off by [...]

]]> By: Starting a Business « unBlock theBlog http://gigaom.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187569 Mon, 25 Feb 2008 20:38:02 +0000 http://foundread.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187569 [...] Ownership and change of control: Rich or Royal: What Do Founders Want? See also F|R’s: Do you Want to be Rich or Be the King? My Case Against Venture [...]

]]> By: Harvard’s Kit for Sharpening Your Startup Skills « FoundRead http://gigaom.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187567 Mon, 25 Feb 2008 20:19:45 +0000 http://foundread.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187567 [...] Ownership and change of control: Rich or Royal: What Do Founders Want? See also F|R’s: Do you Want to be Rich or Be the King? My Case Against Venture [...]

]]> By: My Case Against Venture Capital « FoundRead http://gigaom.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187568 Fri, 22 Feb 2008 15:03:45 +0000 http://foundread.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187568 [...] I am apparently less motivated by the Fame Factor than some. Guess I’d rather be rich than famous. (See: Do you want to be Rich, or be the King?) [...]

]]> By: Question of the Day: R U an Island or a Village? « FoundRead http://gigaom.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187565 Fri, 04 Jan 2008 22:15:22 +0000 http://foundread.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187565 [...] your aim is to build a sustainable company (recall our ‘Rich or King?’ question), you really must have a succession plan in mind, if not in place. At the least, you need [...]

]]> By: Question of the Day: Wanna go Dutch? « FoundRead http://gigaom.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187566 Fri, 21 Dec 2007 23:03:46 +0000 http://foundread.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187566 [...] technology founders would love to see their companies go public, especially those of the Rich, rather than King school. The IPO market hasn’t recaptured the heat of the dotcom boom (not a bad thing!), and one [...]

]]> By: Inc.’s Man of 2007, Elon, wants his old job back! « FoundRead http://gigaom.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187560 Thu, 20 Dec 2007 23:12:15 +0000 http://foundread.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187560 [...] successful, even iconic, entrepreneurs have difficulty “letting go.” In a way, we all want to be the King, not just Rich, of our startup domains. The reporter, Max Chafkin asks some other silly, but fun questions of [...]

]]> By: Weekly Links | Adam Ely’s Thoughts http://gigaom.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187564 Wed, 12 Dec 2007 23:43:16 +0000 http://foundread.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187564 [...] Do you want to be Rich, or be the King? [...]

]]> By: Aruni http://gigaom.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187561 Tue, 11 Dec 2007 18:59:44 +0000 http://foundread.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187561 As Anatoly alluded to many of the big financial success stories like HP, Microsoft, Apple had their founders as CEO or other top positions for quite some time. Yes, the odds are that one person can’t (or shall I say doesn’t want to) handle the CEO role throughout the course of a business but if you go into a deal thinking that then could you be setting up a self-fulfilling prophecy?

]]> By: Tim Reha http://gigaom.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187558 Tue, 11 Dec 2007 07:28:16 +0000 http://foundread.com/2007/12/10/do-you-want-to-be-rich-or-be-the-king/#comment-187558 I believe that the VCs want founders to “think” that they will have to be replaced, so the founders get diluted out of a position of power in the company. It depends on the experience of the CEO and if they have the ability to transform from a startup CEO to an operating CEO.

Lets not forget that VCs often try to take control, put their monkeys into a company and then drive it into the ground because they don’t know the business. I can name five companies in the NW that have had this experience.. TR>

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