3 ms·
> In this case, the CEO was acting in a way that is favorable to his employees' interests, but detrimental to the interests of the shareholders. I am surprised
by tn13 10y ago
> In this case, the CEO was acting in a way that is favorable to his employees' interests, but detrimental to the interests of the shareholders.
I am surprised how many young CEOS themselves forget this. My friend is a VC who invests in startups in India. Recently he invested few million dollars in an Indian startup and then invited the founders to SF. Later he learned that both the founders traveled business class and stayed at a beachfront resort. While this VC himself has been traveling econ class to India and staying with friends and family.
- linuxkerneldev 10y ago> he learned that both the founders traveled business class and stayed at a beachfront resort. My understanding is that the Indian startup space and VC ecosystem is pretty vindictive towards any founder who would have behaved that way and the rest of the world would have all heard about it if it were true. Care to name the startup and the founders so that we can verify that this story is true?