2 ms·
I am not sad :-). But it is interesting in this day and age to just flat out terminate the CEO. It seems like most have a contract and firing them creates a exp
by ChuckMcM 6y ago
I am not sad :-). But it is interesting in this day and age to just flat out terminate the CEO. It seems like most have a contract and firing them creates a exposure to risk. (hence all the negotiated exits). That makes me curious to know if he was working without a contract or they had a really solid 'for cause' case against him.
- skynet-9000 6y agoIt looks to me like people who were not professional investors or immature executive leadership caught the tail of the tiger when they launched a passion project or activist platform and it took off. (To be clear, I wish it'd worked out, but they definitely need to step back and rebuild it properly, repay technical debt, and beg users for forgiveness.)