A familiar story to some, but it illustrates a point I want to make. Sometimes the founders of a company are not the best ones to run it. They are the key players in getting it off the ground, but leave it to more experienced or talented CEO’s to expand. You might be a brilliant technologist but a lousy CEO.
When Jim Clark wanted to bring Netscape to the masses, he was smart enough to step aside and let Jim Barksdale come aboard. Barksdale help the company navigate a successful IPO and negotiated a $4.2 billion deal to sell Netscape to AOL in 1998.
tags: business, business building, netscape, leaders, entrepreneurs, ceos, technology, internet
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