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> 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 main
by sfifs 10y ago
> 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.
- onion2k 10y agoI 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.
- sfifs 10y agoActually 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.
- hiddencost 10y agoWell, 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?