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I think there is a perceived need to be short term. Mainly, because most CEOs are appointed. In the case of Microsoft, Amazon, Google, etc. the founders had eno
by lettergram 7y ago
I think there is a perceived need to be short term. Mainly, because most CEOs are appointed. In the case of Microsoft, Amazon, Google, etc. the founders had enough equity to think long term.
Apple is an interesting one, in that it fired Job’s. Only to rehire and let the vision go to work. Even if it takes a few years.I think that’s the exception though, not the rule.
- ashtonkem 7y agoAnd once they rehired Jobs, they let him stop paying dividends and build up an unbelievable war chest worth of cash, which nominally was against the short term interests of the shareholders.
- coldpie 7y ago> Job’s You just gave me an aneurysm.
- vikramkr 7y agoI would assume autocorrect is to blam'e