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Bill Gates is a savvy guy, but come on, he is the chairman of the board of directors of a Fortune 50 company. What's he going to say -- he was tepid on the deal
by keithwinstein 15y ago
Bill Gates is a savvy guy, but come on, he is the chairman of the board of directors of a Fortune 50 company. What's he going to say -- he was tepid on the deal they just spent $8.5 billion on? Boards don't operate like this (that is to say, boards don't air their internal disagreements or criticize sitting management in public).
- spinchange 15y agoHow about nothing at all? If he truly thought the deal sucked, there are a lot of politically correct ways to feign corporate enthusiasm without saying "I was a strong proponent at the board level for the deal being done." He's pretty much personally endorsing the deal, which is not savvy if he's tepid on it.
- OneWhoFrogs 15y agoIt doesn't have to do with political correctness, but rather stock price. If it comes out that Bill Gates thought this was a bad move, Microsoft shares will fall. He'd be hitting himself on the head with a hammer.
- yequalsx 15y agoThey would fall in the short term and then rise when a new CEO would be found. I doubt Ballmer would be able to stay as CEO if Gates went against him. Gates is not worried about fluctuations in the stock price of Microsoft. He's a long term investor.
- OneWhoFrogs 15y agoYou seem to be saying that if Gates didn't support the decision, then he would try to get Ballmer out. I disagree -- this isn't a big enough issue for that. (Edit: I should clarify. It is a big issue, but Ballmer wasn't acting on his own. Replacing him would accomplish little.) So while Gates is a long term investor, it still makes no sense for him to speak his mind on this at the cost of stock price. It might not affect him much, but why discourage others from investing, even the slightest bit?