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Neither of them have to be CEO. So Page and Brin can reward the CEO for being ruthless in a down market and also have Sundar be the scapegoat for them. The “cak

Neither of them have to be CEO. So Page and Brin can reward the CEO for being ruthless in a down market and also have Sundar be the scapegoat for them. The “cake” is their stock going up. “Eating it too” is the CEO scapegoat.

loeg 3y ago
This situation doesn't seem different from any other board of directors. Who cares about Page and Brin?
- cowsandmilk 3y ago
  With controlling the majority of the votes, other shareholders have no ability to vote out the board. This isn’t about them being on the board. It is about their absolute control of saying who is on the board.
  - throwaway09223 3y ago
    Why would other shareholders vote out the board? There's no reason to think their interests wouldn't align with Page and Brin. Do you think Blackrock has substantially different motivations? Like, come on.
    - danaris 3y ago
      Let me introduce you to a new concept. I call it "Not Everyone Is Motivated Solely By Money."
      - throwaway09223 3y ago
        You didn't fully understand the post you're replying to. Is your position that the institutional investors which comprise >60% of GOOG's common shares (eg Blackrock) have a significantly different motivation? Of course not. Don't be ridiculous.