4 ms·
Elon Musk said accounting rules are the easy part of being a tech CEO. [1] Anyone smart enough to be a technical CEO is smart enough to get on top of the non-te
by bfe 13y ago
Elon Musk said accounting rules are the easy part of being a tech CEO. [1] Anyone smart enough to be a technical CEO is smart enough to get on top of the non-technological core functions of a company; and having the CEO on top of them will be better for the company.
1. From memory; it was on video and I can't find a text reference now; in reference to SpaceX already using strict enough accounting controls to be Sarbanes-Oxley compliant even though it's a private company, IIRC.
- auctiontheory 13y agoIt's not a question of "being smart enough." It's a question of focus and "having enough time." The CEO's job is to lead and delegate and manage, and to trust that the CFO and GC are on top of the details. Also, while Tesla and SpaceX are great, I'm not sure I'd unquestioningly accept every word Elon Musk says as absolute fact.