VC Backed Firms Are Better Managed?
from the oh-really? dept
A new study from Stanford suggests that companies backed by venture capitalists are better run than those that aren't. In some instances I'm sure that's very true. However, I think the metrics used to determine this are a bit questionable. It was based on how soon the company hires a VP of marketing and ousts a founder in favor of a CEO. I'll admit that in many cases, those are necessary parts of running a business, but that says nothing about how good these new people are, or how bad the original founder was.
Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
Not convinced
[ link to this | view in chronology ]
What a Joke of a Study
It also seems that all they're showing is that VC-funded companies tend to be run the way VCs want them to run, particularly when it comes to ousting the founder. That's what VCs want to do; they'll install a CEO of their choosing who has closer ties to them than the founder.
[ link to this | view in chronology ]