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Eight founders who ruined their companies
- skmurphy 14y agokey point: "Perhaps the greatest hallmark of founders who ruin their companies is that they appear to look out mostly for No. 1 rather than the interests of the company and its shareholders. For starters, they accept excessive compensation." Eight Companies Ruined by Their Founders: 1. Dell, founded 1984 by Michael Dell, 13.97% voting share 2. Chesapeake Energy, founded 1989 by Aubrey McClendon, under 1% voting share 3. Martha Stewart Living, founded 1997 by Martha Stewart, 86.7% voting share 4. BlackBerry, founded 1984 by Mike Lazaridis, 5.7% voting share 5. Countrywide Financial, founded 1968 by Angelo Mozilo, < 1.5% voting share 6. Groupon, founded 2008 by Andrew Mason, 19.5% voting share 7. American Apparel, founded 1989 by Dov Charney, 43.3% voting share 8. Best Buy, founded 1966 by Richard Schulze, 20.24% voting share