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CXO titles in organizations do not exist without a board of directors. Businesses otherwise simply have members, managers, employees, contractors or vendors, or
by andrewmcwatters 5y ago
CXO titles in organizations do not exist without a board of directors. Businesses otherwise simply have members, managers, employees, contractors or vendors, or volunteers. You can pretend you're a CEO/CTO, but if you answer to no board, you're not.
- CRConrad 5y ago> Businesses otherwise simply have members, managers, employees, contractors or vendors, or volunteers. Clubs have members; businesses have employees. I think I'll take my lessons on business terminology from someone else, if it's all the same to you.
- andrewmcwatters 5y ago> Owners of an LLC are called members. Most states do not restrict ownership, so members may include individuals, corporations, other LLCs and foreign entities. There is no maximum number of members. Most states also permit “single-member” LLCs, those having only one owner.[1] [1]: https://www.irs.gov/businesses/small-businesses-self-employed/limited-liability-company-llc https://www.irs.gov/businesses/small-businesses-self-employe...
- CRConrad 5y agoTIL, thanks. I would have assumed those are called "owners", so thought you meant "members" in the fake sense of employees, as ISTR some large American corporates (Walmart, Amazon?) using it. Though I notice now that you actually mentioned employees, too, explicitly; I must have totally missed that.
- cowsandmilk 5y agoOrchid is a Delaware C corp with SEC filings for its offering. Do you think it lacks a board of directors?
- andrewmcwatters 5y ago> (if the term applies) I'm responding to whether the term applies.
- saurik 5y ago> For Orchid, while I have no official/ratified title, I am "in charge of technology".