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by ypeterholmes 2796 days ago
Better question- why is the Board allowing his incompetence to run this company into the ground?
2 comments
ryanmccullagh 2796 days ago
Maybe because the board has no control over his decisions - https://www.cnbc.com/2018/02/22/snap-10-k-annual-report-show...
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barbecue_sauce 2796 days ago
At what point does he realize that his decisions are bad and he needs supervision?
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rchaud 2795 days ago
He is a billionaire married to a VS supermodel. At this point, he's more likely to squander all his money and make reality TV appearances to make ends meet, than turn Snap around.
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rhizome 2796 days ago
Why would he ever think any of his thoughts are bad? When would it even occur to him?
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econner 2796 days ago
I don't think the board has much say. The co-founders have control over all stockholder decisions and even if they were fired (which would only happen if they turned on each other) they would still exercise the same control of stockholder decisions. So I don't think the board really has any leverage...
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