5 ms·
> I think in a lot of private companies these days, we’re seeing governance issues all over the place,” But not with public companies? It's an opinion, I'd as
by charles_f 7y ago
> I think in a lot of private companies these days, we’re seeing governance issues all over the place,”
But not with public companies?
It's an opinion, I'd ask for some data.
I personally don't think the public market cares much about things like privacy and governance. If it were, Facebook would have neither investors nor users. Same goes for so many others.
He then goes into talking about salesforce going public as if it were an exampl. But definitely privacy and governance are not the same for b2b and b2c.
I have been with two startups that got public way too quick, when half of what you're doing is for PR effects in preparing to bring new investors, you forget about the customer. One of them is dead, the other survived after being bought out by a private equity firm. Going public is such a burden for the representation aspect of it that expecting _this_ to br a regulatory practice is delusional. (imo)
- traek 7y ago> I personally don't think the public market cares much about things like privacy and governance. If it were, Facebook would have neither investors nor users. Same goes for so many others. This is a silly take. Data privacy is a completely separate issue from corporate governance, and by most analysts who cover it Facebook is considered a particularly well-governed company.
- jwm4 7y agoA company whose founder/CEO is the only person who can remove him(self) is well governed?
- vmurthy 7y agoThe way analysts are probably looking at it: Governance in the letter of laws/regulations : We'll give it a B- , invest and make $$ They are probably smart/cynical enough to know that governance in the spirit of laws/regulations is an F