3 ms·

It's his fault and the buck stops with him, but guess who is remaining employed?

• dvt 4y ago
  I mean, it's his company. Kind of a weird comment to make.
  • andyjohnson0 4y ago
    > I mean, it's his company. Kind of a weird comment to make. Its a public company, so it belongs to the shareholders. Brian Armstrong is one of the founders, and is the largest share owner, but a cursory google suggests that he owns just about 10% of the shares by value.
    • q1w2 4y ago
      ...and the shareholders literally determine his salary. Why do you care what these people pay each other?
      • hajile 4y ago
        That's like saying that US citizens vote for the Federal swamp. 99% of them are totally against the swamp, yet the swamp continues. Voting doesn't matter if there's no real ability to vote for real change.
        • q1w2 4y ago
          If there is any truth in this world it is that shareholders absolutely call the shots. Anyone with any experience in finance can produce tens of thousands of examples of this - from shareholder lawsuits, to activist investors, to hostile takeovers, to board shakeups... The list goes on and on and on and on...