Damjana Nurković (Cambridge Innovation Ecosystem) — 'Only around 20% of venture-backed founders are still CEO three years after their IPO'

Nurković works in strategic marketing and business development in the Cambridge innovation ecosystem. She recapped Eric's Mishcon de Reya conversation in Cambridge and held up Novo Nordisk as a company designed to resist the pressure Eric describes.

“One statistic from the book has stuck with me: Harvard Law School research he cites found that only around 20% of venture-backed founders are still #CEO three years after their #IPO. The very success they created pushes them out — and often pushes the mission out with them. He calls the force behind it financial gravity: the quiet, constant pressure on every successful company to prioritise short-term gain over the purpose it was built for. And unless something in the company's design actively resists it, it always wins.” — Damjana Nurković on LinkedIn