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Cult of personality-led campanies seem especially vulnerable to massive declines in value or fraud. Adam Neumann’s We has gone from unicorn to distressed asset in 30 days. An El...
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Cult of personality-led campanies seem especially vulnerable to massive declines in value or fraud. Adam Neumann’s We has gone from unicorn to distressed asset in 30 days. An Elon Musk tweet about taking Tesla private at $420 a share cost the company a cool $20 million as The SEC slapped Musk with a lawsuit for manipulating the markets.
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Positive Impact
Examples of hero CEOs bringing value include Chrysler’s Lee Iacocca, GE’s Jack Welch, Microsoft’s Bill Gates, and Berkshire Hathaway’s Warren Buffett. All of which became full-f...
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Examples of hero CEOs bringing value include Chrysler’s Lee Iacocca, GE’s Jack Welch, Microsoft’s Bill Gates, and Berkshire Hathaway’s Warren Buffett. All of which became full-fledged celebrities, revered for single-handedly lifting their companies to stock-market superstardom
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