Well remember he's only getting involved in risky projects because that's where he can maximize upside. If your company is doing well to begin with he's not there.
Not quite. Netflix was doing fine, and yet he kept trying to do his shit to them so that he could chop the company up and sell it off, piece by piece. I'm glad the Netflix board was successful in telling him to go fuck himself.
You're forgetting when he showed up at Netflix. It was after their disastrous splitting of the DVD and streaming biz when they lost 1 million subscribers and their stock price crashed.