Some readers agree:
“I’m going to just get to the point, should I sell Yahoo shares now?” -John
“Yang needs this much time to figure out a company he’s the founder of ? What the hell was he doing during all those meetings with Terry and Dan??” -Tom
Others think the criticism unfair:
“The 90 days might well be the development time needed for a completely new business model…” -Mike
“I think Yang is right. He needs to first evaluate what needs to be done. And not move too quickly.” -Augustus
TELL US WHAT YOU THINK
1) Do founders have a responsibility to stay in close touch with their operations?
2) Is this a sign that a founder, once out of the driver’s seat for many years, is not the right person to handle an urgent turnaround?
3) How do you know when a founder’s time (as CEO) has passed, before it is too late?
1 comment so far
6:06 PM PT
1) Founders do have a responsibility to stay in close touch with their Operations.
2) Yes!
3) When does a Board turn around and fire a CEO? Founders always stay Founders.}
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