4 ms·
While I don't think this is the case here, it's super interesting that leaving in disgrace can be a valid financial exit strategy. The founder and (ex) CEO of a
by Tomminn 7y ago
While I don't think this is the case here, it's super interesting that leaving in disgrace can be a valid financial exit strategy. The founder and (ex) CEO of a company is able to sell 100% of their stock without causing a panic, under the condition there is another story which justifies it.
Suppose you were in a position where you thought poorly of the long term viability of the company. Wouldn't engineering a fallout with* the board be ultimately prudent?
*"with" here could even mean "in collaboration with".
- stevievee 7y agoA methodical and peaceful exit ultimately is more prudent. For speed and financial gain, you might be on to something but I think you pay for it in negative legacy.
- meowface 7y agoRight. When you're already super-rich, positive reputation probably matters a lot more to you than negative reputation + more money.