Re:Hype and plunder: Domo a new low for self-indulgent IPOs
by JumpCrisscross on Tuesday June 05, 2018 @12:41PM
(#17239444)
> The investors generally don't want to invest in companies run by a committee of investors
There are governance structures between one where the CEO spends "$600,000 for catering services from...[a] sandwich and salad restaurant...owned by Josh James and his brother," and committees of directors. Uber, where a supermajority of the Board (which contains independent directors) can vote off the CEO, is one amongst many examples.
There are governance structures between one where the CEO spends "$600,000 for catering services from...[a] sandwich and salad restaurant...owned by Josh James and his brother," and committees of directors. Uber, where a supermajority of the Board (which contains independent directors) can vote off the CEO, is one amongst many examples.