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Well said. The key point here is autonomy. It is no small matter to relinquish decision making power of your company to an entirely separate set of executives.
by FD3SA 13y ago
Well said. The key point here is autonomy. It is no small matter to relinquish decision making power of your company to an entirely separate set of executives. I would argue that, by definition, you are no longer even the same company. If critical decisions are why executives are so heavily compensated, then doesn't it follow that randomly replacing your entire executive team will change the company irreversibly?
As much as we'd love to believe that the Oculus team will still be there to stop terrible decisions from being made, they will soon realize that autonomy the most important currency in any business, project, or venture. Employees have little to no say in big decisions, which is why they do start-ups.