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by nwsm
2796 days ago
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It's not about being young, it's about being inexperienced. You can make a parallel to Trump, whose supporters give him a lot of leeway on "inappropriate" decisions because he's not a politician. Being inexperienced isn't a good excuse for being a bad CEO (please give any evidence you have of him being an effective one). Realizing two days after you make an important public decision that you should have made a different one is a failure, regardless of if you got it right the second time. Founding a company doesn't mean you should be CEO. |
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Because Snap is a consumer facing company - we hear about this all the time.
Tons of startups do stuff like this - we just don't hear about it.
AirBnB, Stripe etc. are all making clumsy decisions daily, even some occasional big ones - but it's just not newsworthy. Neither is this item frankly, it's just kind of fluff. Nice to know but not news.
This kind of mistake is well within the entitlements of a Founder/CEO for example, I'd imagine the board won't have much to say about it. He knows he kinda screwed this up surely.