How did this guy get fired from the company that he owned? I

>>1380679
He didn't read the tos and just clicked "I agree"

The CEO reports to the board of directors.

The board of directors is controlled by the shareholders.

CEOs can be and are regularly ousted by the board, and board members are occasionally ousted by shareholder votes.

>>1380700

But if you own the fucking thing, why do you have to report to anyone?

>>1380710
Public company. Stakeholders own it not him.

>>1380712

But he still owns a big piece of it right?
How can someone say, "yeah, we take this from you now, gtfo".

>>1380712

This

>>1380715
>How can someone say, "yeah, we take this from you now, gtfo".

capitalism

>>1380710
people can run they companies the way they want to
you can do the same thing in the private companies too, for example
the best thing for the owner is not always the best thing for the company, so it is wise to have a protection mechanism for the companys interests

>>1380715
When he took the company public he got a lot of money and in return lost full control.

>>1380725
>>1380720

I see
I don't know what I would do man, I need to have control otherwise I feel hopeless.
But if the money is good maybe it's not so bad.

>>1380730
> I need to have control
Ur a pussy as bitch, and I won't take it back.
How does it feel to be out of control?

>>1380734

Don't talk to me or my wife's son ever again.

>>1380679
>How did this guy get fired from the company that he owned?

He didn't own it, he sold his shares in order to get money to start and run the company, at one point he had less than 50% of the shares and the investors had more than 50% and voted him out of his CEO position.

File: 1449510261219.jpg (47KB, 795x720px) Image search: [Google]

47KB, 795x720px

>>1380679
>Can people just take things from you?
Sure.
Just ask Bernie Sanders.

>>1380715
Owning stock doesn't entitle you to be CEO or even employed.