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Executive·CEO

CEO

The chief executive sets direction, allocates capital and people, and carries ultimate accountability to the board.

What The Role Does

The chief executive officer holds final accountability for the company's performance and reports to the board of directors. In an early-stage company the role is intensely operational; as the company scales it shifts towards strategy, capital allocation, and hiring the executives who run each function.

The constant across every stage is that the CEO owns the decisions no one else can make.

Typical Responsibilities

  • Setting company strategy and defining what success looks like
  • Raising capital and managing investor and board relationships
  • Recruiting and retaining the executive team
  • Allocating capital and headcount across competing priorities
  • Acting as the primary external voice to customers, press, and partners

What Investors Look For

  • Clarity of thought about the market and the company's position in it
  • Evidence of attracting people who could work anywhere
  • Honesty about what is not working, not just what is
  • Capital discipline and a realistic grasp of the numbers
  • Ability to change direction on evidence without whiplashing the team
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