Right, with regard to use. Early on, titles mean nothing operationally. However, they're armor against people being hired above someone. Frankly, although I can't officially prevent it (unless a majority-shareholding CEO) if someone's going to be hired above me, I fucking want it to be a company-wide earthquake if it happens, in order to discourage the phenomenon where high-level positions are handed out as political tokens. It goddamn better be painful and dramatic for the company if some outsider is hired above me, to take advantage of my fucking hard work.

The reason VCs don't like to see CxOs already in place is because it makes it harder for them to use the company to hand out jobs to their underachieving middle-aged friends looking for executive sinecures.