Ask HN: Tech and product co-founder in a dilemma after raising seed round

by as90on 1/17/2023, 9:14 AMwith 1 comments

I'm a tech + product co-founder who just raised our seed round. Ours is a pure hi-tech product and I envisioned the product and built it. I have no professional experience as a CEO, but I think only I can lead the "product" in the right direction. Should I be the CEO? or Is it really important to hire a "management guru" as the CEO?

by ealexhudsonon 1/17/2023, 9:46 AM

Never hire externally at seed, you're not a mature enough organisation (unless there is a specific individual you have in mind who would be a natural fit for some other reason).

If you're leading the product development you're going to find it difficult to do a CEO-type role. Usually you need someone in the business building solutions to customer problems - that's you - and someone else going out into the world finding customers and selling the product. You don't mention who your cofounder is, but if they're the going-out-selling person then it's more natural for them to be CEO.

If they're not, and you don't have a going-out-selling person, when you really need to figure out how you're going to connect with customers and everything else should come second.