The rise of super-voting shares has given founders the ultimate job security

Re:The rise of super-voting shares has given founders the ul... by sfifs on Friday April 07, 2017 @04:23AM (#14058082)

> There's no reason to assume someone capable of taking a company from zero to $60bn is necessarily capable of taking it from $60bn to $120bn, or even just maintaining a $60bn valuation.

Sure. Now quick propose a concrete CEO candidate who investors will be convinced is a better fit for the job AND is likely available.

Draw a blank? So do I.

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Re:The rise of super-voting shares has given founders the ul... by onion2k on Friday April 07, 2017 @04:33AM (#14058122)

I have no idea, but I'm quite sure that's a more of problem with my network than there not being anyone up to the job.

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Re:The rise of super-voting shares has given founders the ul... by sfifs on Friday April 07, 2017 @05:10AM (#14058271)

Actually it's not about your or my network. Capable proven leadership is one of the rarest resources on earth.

No investor will fire a proven leader unless there is extrodinary liability or (much more rarely) upside.

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Re:The rise of super-voting shares has given founders the ul... by hiddencost on Friday April 07, 2017 @08:01AM (#14058937)

Well, the former CEO of target recently quit his job as president of uber saying "the beliefs and approach to leadership that have guided my career are inconsistent with what I saw and experienced at Uber"... So, uh, oops?

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