Over this past year, I have come to appreciate why you invest in missionary CEOs. Despite one of the most challenging economic times in a century, all of my CEOs exhibited incredible leadership, drive, and passion through thick and thin. In the darkest moments of this past year, they all demonstrated unwavering commitment and enthusiasm that carried their companies through.Read the whole thing - it also includes a great video.
blogging my (mis)adventures in China between and during bouts of jetlag peppered with random thoughts on investing, strategy and development
Wednesday, July 29, 2009
Missionary vs Mercenary Leaders
Cynics of markets generally assume only the latter exist, but I like to believe that it's the former that are inherently more successful. Larry Cheng, a VC partner at Fidelity Ventures, notes:
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