The venture capitalist has to decide how to respond to an email from a longtime troubleshooter now installed as interim CEO fights exchange contract manufacturing for custom business car. Investors were looking for a full-time CEO, but have made little progress. Does the investor firms switch search, press for the company to be acquired, or continue, as they do? Each strategy imposes its own set of costs, whether in time, reducing the return on investment, or increase the compensation of interim CEO and continued to flounder in the company, in addition to the possible strain in relations with investors. "Hide
by G. Felda Hardymon, Ann Leamon Source: Harvard Business School 2 pages. Publication Date: March 29, 2005. Prod. #: 805135-PDF-ENG
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