Current Investors - this company can be saved but you have to reach out to prior executives to get the real scoop as to why they left, or were fired, as many of them were the ones holding the company together. Let them know that they can talk confidently without the fear of being blackballed if you want real feedback. When you come to the logical choice to remove the CEO and COO - you can save this company by hiring responsible leaders.
Current employees - Don’t let founders undermine the success you are creating.
Prospective employees beware - All the great reviews you read and awards you see are a result of a CEO who allegedly asked employees to write favorable reviews. What are they going to do, say no to the CEO? Also ask what % of sales reps HIT quota and how many hit quota during their 1st year.
Who has left?
VP of Finance, VP of Legal, VP of Marketing, VP of Sales, VP of Supply Chain, VP of Engineering, the whole HR team….the list goes on. How can so many PROVEN leaders be gone within a year or two? This should be a RED FLAG to all of you.
