2 ms·
the wording is wrong - it's not a financial stake that gives you said power, it's equity stake. This equity stake gives you a vote for which you can use to inf
by chii 3y ago
the wording is wrong - it's not a financial stake that gives you said power, it's equity stake.
This equity stake gives you a vote for which you can use to influence the actions of the board and thus the CEO.
Being financially dependent on the company to provide employment by no means gives you power over the CEO. Of course, criticism is not black and white - but being an asshole CEO is not illegal, and putting yourself out to "fight the good fight" sounds good on paper, but do you no good at all.
- deleted 3y ago[deleted]