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10/05/2004: "VCs blow"

In "Hiring A CEO", Sevin-Rosen's Jackie Kimzey waxes on about CEO replacement.

"If you're a founder CEO in the process of deciding whether or not to replace yourself with a CEO from outside, you'll have to ask yourself a lot of tough questions'and answer then honestly. You'll need to evaluate your ability to fill the CEO's shoes, just as any other company stakeholder would."

[Unstated] And if we don't like your answer, we'll install our buddies and kick you to the curb.

Anyone else see a pattern?

Jim