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This in the response made me cringe a little: > I wanted to continue with what was working and with what our partners had signed on to distribute. How does he
by benatkin 2y ago
This in the response made me cringe a little:
> I wanted to continue with what was working and with what our partners had signed on to distribute.
How does he know it was working? He says it so matter of factly.
And that’s what this big-mad comes down to.
- IAmGraydon 2y agoHow does he know? He was the CEO. I'm guessing that he had access to the company's metrics.
- benatkin 2y agoMetrics alone don't tell you if a strategy is working in the long term. It was no doubt a highly informed opinion, but still an opinion.
- patrickhogan1 2y agoYou make a fair point. I would have liked him to elaborate more on the potential acquisition that was declined. However, he mentioned they just raised $60 million. If his approach wasn’t working, why would anyone invest that amount? And if the plan was to fire him, given that his vote was required, wouldn’t it have been more transparent to say upfront: “If you reject the acquisition and opt for this $60 million investment instead, we’re going to fire you”?