Great Startup CEOs Are Servants, Not Kings

Over the course of my investing career, the duds in my portfolios have been led by grandiose personalities. The guys at the helm of each of these companies have each acted like kings - putting their own interests first, staying at the center of attention, and talking a big game without a lot of follow-through, heads-down work. On the other hand, the companies that are performing the best are run by servants; it's become apparent to me that great CEOs are not top-down leaders.  Instead, they are...