Les TrachtmanSep 3, 20195 minWhy it’s Bullshit to Keep a Founder Around After His OusterFounders don’t often voluntarily replace themselves. It’s usually not their decision to step aside to let someone else take over the...
Les TrachtmanAug 24, 20193 minRuined by SuccessIt’s the entrepreneur’s dream. An idea hatched in a garage blossoms into a venture that begins to scale and attract mainstream customers....
Les TrachtmanAug 24, 20195 minDon’t Delegate Responsibility Unless You Give Up AuthorityJust weeks after the attacks of 9/11/2001, we held our regularly scheduled quarterly board meeting with our venture capital populated...
Les TrachtmanAug 24, 20198 minI 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...