===== How common is it to have a chief financial officer (CFO)? =====

According to Wasserman [Wasserman, N., __The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup__, Princeton, NJ: Princeton University Press, 2012], only 4% of startups have a CFO on board at the start. 70% of "mature" startups have a CFO.

{{keywords>CFO, chief financial officer}}

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