3 ms·

This is a silly take the two largest companies are headed by non founder MBA grads. Each who grew their respective companies ~10x.

Retric 3y ago
Which is underperforming compared to Nvidia. It’s not that founders are more skilled, it’s that successful ones who stick around have different priorities. The long term performance of their existing stock is worth more than hitting targets. Not a guarantee of success, but something to consider.
- magicalist 3y ago
  > It’s not that founders are more skilled, it’s that successful ones who stick around have different priorities. The long term performance of their existing stock is worth more than hitting targets. We're still talking about the current first derivative of their stock price. Let's not go overboard reading those tea leaves.
  - Retric 3y ago
    The market is pricing in those tea leaves. Look at the P/E ratios of Nvidia (95) and Facebook (31) vs Apple (29) and Google (25).
    - outside415 3y ago
      PE is stupid. at least do forward PE or DCF... cmon.
      - Retric 3y ago
        Forward PE is tea leaves built on tea leaves.
rezonant 3y ago
Meanwhile I'm of the opinion that Google started it's slide downhill during Larry Page's time as CEO. Somewhat ironically, I think Google's brightest days had Eric Schmidt (MBA, "adult in the room") as CEO. This isn't to say MBAs are always a good thing either, and certainly Google isn't a typical example.
- VirusNewbie 3y ago
  Eric Schmidt started his career as a hacker at Bell Labs. He is an MBA in name only.
  - gregw134 3y ago
    Bell labs, xerox parc, and sun microsystems. Quite the technical resume. >Early in his career, Schmidt held a series of technical positions with IT companies including Byzromotti Design, Bell Labs (in research and development),[19] Zilog, and Palo Alto Research Center (PARC). During his summers at Bell Labs, he and Mike Lesk wrote Lex,[23][7] a program used in compiler construction that generates lexical-analyzers from regular-expression descriptions. Sun Microsystems In 1983, Schmidt joined Sun Microsystems as its first software manager.[19]

Retric 3y ago

Which is underperforming compared to Nvidia. It’s not that founders are more skilled, it’s that successful ones who stick around have different priorities. The long term performance of their existing stock is worth more than hitting targets. Not a guarantee of success, but something to consider.

magicalist 3y ago
> It’s not that founders are more skilled, it’s that successful ones who stick around have different priorities. The long term performance of their existing stock is worth more than hitting targets. We're still talking about the current first derivative of their stock price. Let's not go overboard reading those tea leaves.
- Retric 3y ago
  The market is pricing in those tea leaves. Look at the P/E ratios of Nvidia (95) and Facebook (31) vs Apple (29) and Google (25).
  - outside415 3y ago
    PE is stupid. at least do forward PE or DCF... cmon.
    - Retric 3y ago
      Forward PE is tea leaves built on tea leaves.

rezonant 3y ago

Meanwhile I'm of the opinion that Google started it's slide downhill during Larry Page's time as CEO. Somewhat ironically, I think Google's brightest days had Eric Schmidt (MBA, "adult in the room") as CEO. This isn't to say MBAs are always a good thing either, and certainly Google isn't a typical example.

VirusNewbie 3y ago
Eric Schmidt started his career as a hacker at Bell Labs. He is an MBA in name only.
- gregw134 3y ago
  Bell labs, xerox parc, and sun microsystems. Quite the technical resume. >Early in his career, Schmidt held a series of technical positions with IT companies including Byzromotti Design, Bell Labs (in research and development),[19] Zilog, and Palo Alto Research Center (PARC). During his summers at Bell Labs, he and Mike Lesk wrote Lex,[23][7] a program used in compiler construction that generates lexical-analyzers from regular-expression descriptions. Sun Microsystems In 1983, Schmidt joined Sun Microsystems as its first software manager.[19]