# What a CEO does > "A CEO does only three things. Sets the overall vision and strategy of the company and communicates it to all stakeholders. Recruits, hires, and retains the very best talent for the company. Makes sure there is always enough cash in the bank." What a CEO does URL: https://paragraph.com/@brandondonnelly/what-a-ceo-does Author: Brandon Donnelly Published: December 9, 2012 Categories: ceo, fred-wilson, uncategorized "A CEO does only three things. Sets the overall vision and strategy of the company and communicates it to all stakeholders. Recruits, hires, and retains the very best talent for the company. Makes sure there is always enough cash in the bank." What a CEO does