
Investment
Fortune
Deel CEO was told he’d need to replace his entire leadership team for the business to reach unicorn status—now it’s valued at $12 billion and he’s ‘kept 80% of the same team as when it was at $0’
Why This Matters
Entrepreneurs perhaps expect to lose sleep when scaling their venture from the ground up into a unicorn—but Deel's founder Alex Bouaziz was warned he’d have to also lose his entire leadership team in ...
June 23, 2024
09:00 AM
6 min read
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Key Insights
- This development warrants monitoring for potential sector-wide implications
- Similar companies may face comparable challenges or opportunities
- Market participants should assess the broader industry context
Questions to Consider
- What broader implications might this have for the industry or sector?
- How could this development affect similar companies or business models?
- What market or economic factors might be driving this development?
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