WHEN IT’S TIME TO HIRE YOUR FIRST CHIEF BUSINESS DEVELOPMENT OFFICER

Summary from the TLDR Founders newsletter

For early-stage startups, the work of a Chief Business Development Officer (CBDO) is usually covered by the founders or someone in sales. As you scale, and M&A becomes a conversation you start to have with your board - that’s when a CBDO becomes important. If you’re spending too much of your time as a founder on deals, due diligence, or anything M&A, get a CBDO.