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Read the article. He’s doing writing, interviewing and publishing for Medium in addition to his board seat. His board seat will allow him to make sure his publi
by 1123581321 6y ago
Read the article. He’s doing writing, interviewing and publishing for Medium in addition to his board seat. His board seat will allow him to make sure his publishing partnership isn’t compromised by strategic changes at the executive level.
- derision 6y agoso his purpose on the board is to ensure his own job security? seems strange
- 1123581321 6y agoYes, in a sense. It is not overly unusual for a key media persona to join a small publishers’ board.
- gnicholas 6y agoIs this a small publisher? It has over 100 million readers and was founded by a billionaire.
- 1123581321 6y agoPerhaps not. I just meant not the majors (Pearson, Hachette, etc.)
- gnicholas 6y agoIs this meant to be a reply to another comment? Also, where does it say anything about protecting his publishing partnership from executive changes?
- 1123581321 6y agoI replied at the top level because so many people didn’t read the article. A board member normally has influence over the direction of the company. They did not need to spell it out.
- gnicholas 6y agoPretty big logical leap there. I don’t think it’s justified to conclude that his board seat is to allow him to protect his publishing partnership. If they wanted to do that, they could have just made the contract ironclad. Also, one board seat out of five doesn’t enable him to protect the partnership. Log-roll, maybe, but again this is drawing some pretty conclusions IMO.
- 1123581321 6y agoYes, you’re correct about the limitations of the power of one board member on a board of five. As for the rest, it might help you to think of a board relationship as providing several benefits to both the board member and the company. We’ve only discussed one. In addition to his partnership work, he’ll conduct normal board member duties.
- gnicholas 6y agoSure, we’ve only discussed one aspect because it’s the only one that you chose to describe (and IMO, invent).
- 1123581321 6y agoIt’s unremarkably common for organizations and the key individuals to use a board seat to ensure an enduring partnership. I don’t know what to suggest to you except to look at board seats of other companies to better understand the reasons for assignments. You’ll typically find them assigned for financial, expertise, and partnership reasons.
- gnicholas 6y agoI find your tone patronizing and substance lacking. I have never seen a board seat granted in order to allow the board member to protect a partnership. To induce the board member to create a partnership? That makes more sense. But it isn’t what you claimed. You made a specific and unsubstantiated claim that it was to allow him to protect his partnership in the event of executive change. Not sure why you keep digging in on this position. You strongly implied that the article said something that it absolutely did not. Good day!