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Then there's the continual pressure of trying to serve two masters: your original customers vs shareholders. Often it's the latter that takes precedence when th
by cmroanirgo 7y ago
Then there's the continual pressure of trying to serve two masters: your original customers vs shareholders. Often it's the latter that takes precedence when they go public. What would FB or Goog be like if they were still private?
- halflings 7y agoLarry and Sergey still have >50% of the voting power. Zuckerberg has >60% of the voting power. Do you really think these companies are just following what shareholders are telling them?
- arcturus17 7y agoAlso they’re special cases where the founders’ visions have created so much shareholder value that there hasn’t been much for the shareholder to say anyway...
- joncrane 7y agoThey ARE following the shareholder. The founders are the shareholders. The minority shareholders are just along for the ride.