Why VC come in often want to change CEO

Source: Internet
Author: User

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A lot of people don't know the difference between CEO and general manager. The difference between the two is not just a literal distinction, the CEO is the CEO, is a 5-word abbreviation, more than two words than the general manager. Our acceptance and recognition of the CEO is because of the internet heat wave, but the CEO eventually spread to the entire Chinese business community, Haier's Zhang, Changhong Yurun, Hisense Zhou, Konka Zhou are at a very moment to wear this title. The addition of the domestic giants makes the CEO a title, a title that is equal to or higher than the President and the general manager, and a cover for putting the team on a strong partner.

In fact, the CEO's production is more for high-tech, high-risk investment enterprises, generally speaking, investors and entrepreneurial team in the enterprise development can not be exactly the same, it is easy to understand, the investor requirements are huge, snowball returns, and entrepreneurial team is more for the realization of self ideal, The butt of both can not sit together, natural stance can not be consistent, conflict is very natural. In a sense, venture capitalists are speculative, he is more in the enterprise just enter the seed germination time to enter.

In 2001, I have heard of IDG's Pacific investment China vice President Lin Pillars of the operation of the venture to decide: the hands of the operation of two or three projects, waiting for four or five of the project to grow up, and then cast six or seven potential projects. This is what we often say "looking at the bowl, staring at the pot, thinking of others in the pot." According to this statement, venture capital in the process of entering an enterprise is very likely to append or withdraw funds, it is likely to exercise the right of capital to vote directly. Such stories, we saw a lot after the dotcom bubble burst, but, because the media have natural compassion for the weak plot, this story finally turned into capital ruthless, the hero without tears of the same.

Then, the entrepreneur in front of investors have no right to speak, there is no choice to slaughter it? The answer is no, the CEO's appearance is to let entrepreneurial enterprises to obtain and capital dialogue a system guarantee. In principle, the founder's representative is the CEO of the new company, the investor is not at ease, and the founder's team is reluctant to let the investor's representative be the CEO of the new company. Therefore, in the face and heart do not and between, choose a and the two sides are unrelated, there is a professional reputation of managers to serve as CEO, is an inevitable choice.

There is, of course, a situation that is, the founder of the team has a strong learning ability, so that directors feel you can lead the people to go forward, in this case, you may be the CEO, but more often to be chairman of the board, but the vote is only one vote, nominal.

Ma said more than 1000 people can call the CEO that is nonsense, there is no specific restrictions on the number of persons, but the most likely to say that they are the CEO of the brother also need to reflect, you should at least know how the CEO, so that the capital has a better dealings.

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