3 ms·
I'm confused, the backlash was after they already started the search in early 2019 (https://www.wsj.com/articles/online-luggage-startup-away-says-ceo-is-steppin
by excerionsforte 7y ago
I'm confused, the backlash was after they already started the search in early 2019 (https://www.wsj.com/articles/online-luggage-startup-away-says-ceo-is-stepping-down-11575930577 https://www.wsj.com/articles/online-luggage-startup-away-say...). I thought they said they wanted to install someone who had more experience before all of this due to their own internal investigation.
- Terretta 7y agoTranslated, the founding CEO wanted to install someone that would “sell well” for IPO. Successful Lululemon exec story brings that. They’re going back to that because it’s how they will get best valuation as shareholders. Not an ego play, a convert shares to more cash play.