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Uh, that's not how it works. Legitimate veto power is usually based on a board and/or shares of the company. Not to mention most CFOs are appointed positions in
by mbesto 7y ago
Uh, that's not how it works. Legitimate veto power is usually based on a board and/or shares of the company. Not to mention most CFOs are appointed positions in startups, because they are usually not roles filled in the early days of a tech startups life (as opposed to CEOs and CTOs).
Note - it is worth saying, CFOs are, generally speaking consider extremely important positions for many companies, even more-so than the CEO. But this isn't because they make policy decisions or conduct external communications, but rather because they control the lifeblood of any company - the money.
- bigiain 7y ago"Oh, you're wanting to implement more 'privacy' for our users? Well it turns out that we've just done a reorg, and your whole department has no budget for the rest of the year." As you say, whoever controls the money flow, ultimately controls the people, and can shut down any activity they desire... Sure it's not "legitimate veto power", but ultimately it is the same thing.
- mbesto 7y ago> whoever controls the money flow, ultimately controls the people, and can shut down any activity they desire I never said this...
- bigiain 7y agoSorry. I was paraphrasing your " ... but rather because they control the lifeblood of any company - the money." rather than directly quoting you there. I think my point stands.