The New Deal – A Founding CEOs Value is Non Linear « Steve Blank

It’s About Finding the Business Model
I’ll posit that both views are wrong. Lets start with what the real job of the founding CEO’s job is: to find a repeatable and scalable business model. The goal of your business model can be revenue, or profits, or users, or click-throughs (or even just to get the technology into production) – whatever the founders and their investors have agreed upon.

If you don’t find this business model there is no company.

This is good food for thought, as the deals you might do today may have some long term impact that you don’t really consider. Steve Blank’s approach is both logical and fair in the situation of how to vest a CEO founder.