CEORater Technology Founder CEO Index Significantly Outperformed YTD

CEORater Technology Founder CEO Index Significantly Outperformed YTD

Regular readers know that we are partial toward Technology Founder CEOs vs. hired CEOs as a general rule.  Our experience is that founder CEOs are generally better than hired CEOs at anticipating customer market needs, in many cases before customers know they have a need. Founder CEOs care deeply about details of the business that a hired CEO may not give more than a casual glance. Founders in many cases work to leverage their smart senior business leaders whereas hired CEOs may feel threatened by a direct report’s potential. We could go on.

Our CEORater Technology Founder CEO Index has performed well year-to-date through December 6th enjoying a Total Unweighted Return of 14.2% and a Total Weighted Return of 17.1%.  The comparable benchmarks returned 5.1% and 4.4% on an Unweighted and Weighted basis respectively. You may access the detail HERE.

Speaking of Technology Founder CEOs, we recently hosted a podcast with SS&C Technologies (ticker: SSNC) founder & CEO Bill Stone where we discussed M&A strategy, SS&C’s decentralized management approach (another core principal of ours) as well as SS&C’s “Singularity” artificial intelligence (“AI”) and machine learning (“ML”) initiative. In the case of SS&C, we believe that AI and ML will drive efficiencies across back office and middle office-related products and services – enabling customers to drive incremental throughput with less effort. Further, AI & ML has the potential to create revenue and EBITDA opportunities for front-office customers (facilitating deal sourcing as an example). You may access the episode below:

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