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> But the guy is often regarded as the premier management CEO of his generation Erm...what? By whom? I only know of the incompetent Tony Hsieh that burned thro
by saosebastiao 12y ago
> But the guy is often regarded as the premier management CEO of his generation
Erm...what? By whom? I only know of the incompetent Tony Hsieh that burned through cash at such a rate that his investors thought it a miracle that Zappos was still around when several large companies started looking to get into the online apparel business at the same time. It is widely rumored within Amazon that Zappos was a few weeks from bankruptcy when they were bought by Amazon, and it is pretty well known within Amazon today that they still aren't profitable. A match made in heaven?
Even if you don't see the same negative picture that I do, by every "track record" objective measure you can think of, he is two orders of magnitude worse of a CEO than Zuckerberg and Larry Page, and still not even in the same league as Elon Musk, or if you want to stick to apparel, Kevin Plank.
It is one thing to take puff pieces seriously, and another thing altogether to take autobiographical puff pieces seriously.
> Employees love Hsieh because they're (largely) on the same page, not bc of a reality distortion field.
His associate-level employees love him because they have a pretty good job that they couldn't get elsewhere. His managers hate him because they view him as incompetent and irresponsible. Everyone I know that works in or with Zappos sees this as a clear power play. He's trying to cut them out of the picture.
- deleted 12y ago[deleted]