As a founder CEO, you have to convince the board that you know what you're doing, says Rajil at lyft
So getting everyone on the same page can be challenging.One important difference Kapoor has observed between running a company and holding an executive position is that a founder CEO can never be"fully vulnerable."
From Kapoor's perspective, a board of directors' primary job is to make sure their company has the right leadership. Which means that the CEO is trying to convince the board"that you know what you're doing, constantly." But as Lyft's CSO, Kapoor said,"I can sit down with Logan [Green], and I can be very vulnerable and open" about challenges. Instead of having to figure things out on his own, Kapoor can say to Green,"Hey, this is what's going on. What do you think?", Noam Wasserman, dean of Yeshiva University's Sy Syms School of Business, writes that once outside directors join a company's board , a CEO's job is at risk.
Kapoor, for his part, also relishes the increased opportunity for collaboration as an executive, as opposed to a founder CEO."We're making decisions together as a team," he said."As an entrepreneur, you're basically scraping by with whatever you can do."
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