“In many ways, founders are the soul of a company. That’s one of the reasons why many investors prefer working with companies led by the founder rather than a professional CEO. It’s also why some companies bring founders back during times of trouble,” according to an April 20, 2016 article in Pitchbook.com.
“The skills needed to build a company, however, are vastly different from running a business… investors may find themselves battling whether or not to keep their founders in power and help them develop into a CEO, or bring in a professional CEO to lead the company to exit… professional CEOs bring startups to a higher median exit valuation than founders.”
Read the full article at: http://pitchbook.com/news/articles/founder-vs-ceo-who-creates-more-value