underscored

@underscored

6 clips · 1 follower

Follow
Tag:corporate-governanceClear

Few – if any – startups in Silicon Valley history have grown as big as Notion, or for as long, without some semblance of a board. But by virtue of a quirk of its own fundraising history and an intellectual internal leadership style, it's the position Notion found itself in even after more than a decade in operation, and as its valuation reached $11 billion.

Alex Konrad
1w ago

Being answerable to a broad base of investors, long and short, helps keep companies (and their regulators) honest.

1mo ago

The best thing a public company can do is repurchase stock when it's trading below intrinsic value—but the worst thing is to repurchase stock when it's trading above it, which happens far too often because of executive compensation incentives.

2mo ago

a position which directly incentivizes insider trading. That in turn creates a long list of very predictable problems.

3mo ago

Underscored — save the words that stop you in your tracks.

Start saving quotes →