4 ms·
Not all (or even most) CEOs have the same amount of power as, say, Mark Zuckerberg at Meta. Most CEOs cannot take the company in the direction of an entirely d
by rossdavidh 4y ago
Not all (or even most) CEOs have the same amount of power as, say, Mark Zuckerberg at Meta. Most CEOs cannot take the company in the direction of an entirely different business model without the Board of Directors agreeing. Dorsey was booted out as Twitter CEO once before, in 2008, and then brought back in an attempt to fix things, after he had already started Square.
It appears, not only from this text but many other comments he's made, that he found the board to be just as difficult to work with. I think he's spot on here, identifying the root cause of the problem, and a realistic appraisal of the chances of changing the existing company.