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So their CEO has a list of executives that he feels did so little he considers them "missing in action". If that were the case, why didn't he just fire them for
by jeffreymcmanus 15y ago
So their CEO has a list of executives that he feels did so little he considers them "missing in action". If that were the case, why didn't he just fire them for cause? That would have stopped the vesting clocks on their options.
Or was he paying so little attention to who was and was not contributing that firing them didn't occur to him at the time? In that case, who's really "missing in action" here?
If I were going to take my company public soon, the impending litigation shitstorm is exactly the kind of thing I would not want to have hanging over me.
- jpdoctor 15y agoIt communicates to IPO investors: CEO is such a dick that he will happily screw over employees in order to enrich himself. Believe it or not, there will be a coterie of investors who will get behind that. (They will perceive that their interests are aligned with the CEO after IPO.)
- tsotha 15y agoAs an investor what this tells me is the CEO has no personal integrity, and I begin to doubt the veracity of his IPO filings.