my fave thing is when CEOs "resign" but don't actually really resign anything at allhttps://twitter.com/MartinSFP/status/877406422337826816 …
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Replying to @FioraAeterna
"Resign" needs to mean "no continued relationship with the company".
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Replying to @RichFelker @FioraAeterna
That’s impossible. He resigned his job as CEO, but continues to hold his shares. Losing the shares would mean losing billions of dollars.
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Billions of dollars* * on paper, based on fictional valuation of a pre-IPO company with unknown cap table and preferences and financials.
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Of course, all shares of a privately held company are technically worth nothing.
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Unless they pay dividends. I'd love to see him taking his share of Uber's negative profits every year. ;-)
11:18 AM - 22 Jun 2017
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