In the wake of Sam Bankman-Fried’s kamikaze dive, there are some questions about whiz-kids who start unicorns with some gurus opining in the Harvard Business Review that perhaps Founder-CEOs should consider making way for Professional-CEOs. Should they now?
Whiz-kid Sam Bankman-Fried started his crypto business at age 25. He built a global venture that attracted billions in capital from some of the world’s most successful investors. Then his business crumbled in a few days. Other whiz-“kids” who came to ignominious ends included Elizabeth Holmes (Theranos), Travis Kalanick (Uber) and Adam Neumann (WeWork). So yes, some should go to pasture.
On the other