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MSFT Market cap when Ballmer took over: $601B MSFT Market cap when Ballmer announced he was leaving: $270B That was the problem... even if the initial valuati
by mbreese 10y ago
MSFT Market cap when Ballmer took over: $601B
MSFT Market cap when Ballmer announced he was leaving: $270B
That was the problem... even if the initial valuation was ridiculously inflated by the early tech bubble, post-crash, the stock was pretty stagnant throughout his tenure as CEO.
http://fortune.com/2013/08/23/steve-ballmers-market-cap-problem/ http://fortune.com/2013/08/23/steve-ballmers-market-cap-prob...
- refurb 10y agoBalmer became the CEO right at the peak of the tech bubble. He couldn't (nobody could) possibly have maintained that sort of valuation. It was all hype and irrational exuberance.
- mbreese 10y agoIt really wasn't the loss post-bubble that was Ballmer's issue, it was that the stock price was stagnant.
- novembermike 10y agoBalmer's reign also coincides almost perfectly with the anti-trust actions taken against Microsoft. He was given the worst Microsoft to do anything with.