Of the top 10 companies in the U.S. that are best at recruiting and retaining top talent, eight are still founder-led. Here's what investors think founders need to take their idea all the way from pitch meeting to initial public offering.
In 2012, Facebook CEO and founder Mark Zuckerberg made an announcement that to the outside world seemed insane. For $1 billion, the social network's largest acquisition to date, Facebook would acquire photo-sharing service Instagram. At the time Instagram had no revenue, just a $500 million valuation and 30 million users compared with Facebook's 1 billion.
It didn't take long for outsiders to stop questioning Zuckerberg's decision: With more than 400 million users, Instagram is growing at a faster clip than Facebook did in the early days and accounts for 15 percent of the company's total ad sales. What compelled Zuckerberg to make such a seemingly risky decision? Many now say it's because he is Facebook's founder.