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Honest question, how is Jack Dorsey (and Elon Musk) able to be a CEO of two different companies? His time and capabilities are halved, while the stress and resp

Honest question, how is Jack Dorsey (and Elon Musk) able to be a CEO of two different companies? His time and capabilities are halved, while the stress and responsibilities are doubled. How does the board approve of something like that even?

vagrantJin 6y ago
No one cares as long as the money is rolling in. Dorsey and Musk have enough star power to get shit done, raise significant cash and attract talent. So the board supposedly just shrugs at the half-assed CEO situation.
- chokeartist 6y ago
  That is human nature. No one cares until the crisis is knocking at the door. Also I chuckle at the people who think Twitter and Tesla CEOs are "similar". They are not. Musk will still be here in 10 years rolling and controlling. I'm not so sure about Jack.
- shp0ngle 6y ago
  Is money rolling in though? Aren’t both Square and Twitter losing money?
  - count 6y ago
    Square is printing money, and is actually profitable. Twitter is spending way more than Square is making though, and is not profitable.
    - missedthecue 6y ago
      Twitter made several hundred million in net profit last quarter
      - granzymes 6y ago
        And had net income of -985 million for the year, mainly driven by a realization in Q2.
theklr 6y ago
On square he has a competent staff to do majority of the load while he can be the visionary. It maybe coming around with Twitter after seeing them now iterate with the flurry of upcoming features.
fallingknife 6y ago
When a company reaches a certain size, the CEO is basically a ceremonial position. Note how Steve Jobs, Bill Gates, and Jeff Bezos all left their companies with little effect.
dangus 6y ago
Would you rather have half a Jack Dorsey or a whole Ginny Romitty? (It probably helps that Dorsey is a founder of both companies).
Bakary 6y ago
The simpler explanation is that we probably have a flawed understanding of what the CEO role entails at these companies.

vagrantJin 6y ago

No one cares as long as the money is rolling in. Dorsey and Musk have enough star power to get shit done, raise significant cash and attract talent. So the board supposedly just shrugs at the half-assed CEO situation.

chokeartist 6y ago
That is human nature. No one cares until the crisis is knocking at the door. Also I chuckle at the people who think Twitter and Tesla CEOs are "similar". They are not. Musk will still be here in 10 years rolling and controlling. I'm not so sure about Jack.
shp0ngle 6y ago
Is money rolling in though? Aren’t both Square and Twitter losing money?
- count 6y ago
  Square is printing money, and is actually profitable. Twitter is spending way more than Square is making though, and is not profitable.
  - missedthecue 6y ago
    Twitter made several hundred million in net profit last quarter
    - granzymes 6y ago
      And had net income of -985 million for the year, mainly driven by a realization in Q2.

theklr 6y ago

On square he has a competent staff to do majority of the load while he can be the visionary. It maybe coming around with Twitter after seeing them now iterate with the flurry of upcoming features.

fallingknife 6y ago

When a company reaches a certain size, the CEO is basically a ceremonial position. Note how Steve Jobs, Bill Gates, and Jeff Bezos all left their companies with little effect.

dangus 6y ago

Would you rather have half a Jack Dorsey or a whole Ginny Romitty? (It probably helps that Dorsey is a founder of both companies).

Bakary 6y ago

The simpler explanation is that we probably have a flawed understanding of what the CEO role entails at these companies.