Ousting the Founder - Altos Ventures
We are privileged to invest on behalf of institutional investors, most with charitable, educational, or non-profit missions. Serving entrepreneurs is a calling for us, and we look to partner with companies with an equally strong sense of purpose.
A version of this post was originally published in July, 2008 right after Diane Greene, the co-founder and CEO of VMWare, was ousted from her company. The post has since been updated. There is no doubt that Diane Greene was a controversial CEO. She was difficult to work with. It was her way or the highway and she churned through senior execs, especially in sales and marketing. She never gave much respect to the folks at EMC either (EMC owned the vast majority of VMWare's stock – and controlled the board). Some other hard-headed, “controversial” founder/CEOs that come to mind are Bill…
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