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At the 2010 company meeting, Balmer said "Last time I told you do good things and the stock price will follow [LONG PUASE] Do good things and the stock price w
by anologwintermut 13y ago
At the 2010 company meeting, Balmer said "Last time I told you do good things and the stock price will follow [LONG PUASE] Do good things and the stock price will follow." That was when I decided Balmer could say one thing as CEO that would positively impact the stock price and by definition it would be the last thing he could ever say as CEO. (Sometimes I wonder if that pause was him coming to the same conclusion)
That line, coupled with the fact that it was preceded by a cheesy line form a TV show about high-school football that most SDE's wouldn't get caught watching let alone bye into the sentiment when applied to a software company, really didn't make me think he was in touch with ... well anything.