Sex Scandal Toppled a Silicon Valley Chief. Investors Say, So What?
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Re: Sex Scandal Toppled a Silicon Valley Chief. Investors Say, So What?
#2Can't say that I love that the article clearly takes a "Can you believe this bullshit?" tone, but it's hard to conclude anything other than that the investors here really don't care. In their view, their goal is to return capital (and by extension, further their career and life), not play judge.
The investors who chose not to comment are pretty cowardly, IMO.
Re: Sex Scandal Toppled a Silicon Valley Chief. Investors Say, So What?
#3He wasn’t sexually assaulting people he just dated someone at work. The article acts like if you break the workplace dating policy you should never work again or have to come crawling back. Would view this as a standard firing for him breaking the rules not really a #MeToo where he’s supposed to go into exile on MeToo island
Re: Sex Scandal Toppled a Silicon Valley Chief. Investors Say, So What?
#4Can't say that I love that the article clearly takes a "Can you believe this bullshit?" tone, but it's hard to conclude anything other than that the investors here really don't care. In their view, their goal is to return capital (and by extension, further their career and life), not play judge. The investors who chose not to comment are pretty cowardly, IMO.
The investors should care, if not for human decency, then for their bottom line. Litigating or settling sexual harassment is very expensive - and being the cause of one is a demonstration of exceedingly poor judgement.
Re: Sex Scandal Toppled a Silicon Valley Chief. Investors Say, So What?
#5He wasn’t sexually assaulting people he just dated someone at work. The article acts like if you break the workplace dating policy you should never work again or have to come crawling back. Would view this as a standard firing for him breaking the rules not really a #MeToo where he’s supposed to go into exile on MeToo island
> He wasn’t sexually assaulting people he just dated someone at work.
You can date people at work, but you cannot date people in your reporting chain.
That means that if you're the CEO, you cannot date people at work. Tough shit, there's 7 billion other people in the world.
Re: Sex Scandal Toppled a Silicon Valley Chief. Investors Say, So What?
#6He wasn’t sexually assaulting people he just dated someone at work. The article acts like if you break the workplace dating policy you should never work again or have to come crawling back. Would view this as a standard firing for him breaking the rules not really a #MeToo where he’s supposed to go into exile on MeToo island
> He wasn’t sexually assaulting people he just dated someone at work. You can date people at work, but you cannot date people in your reporting chain. That means that if you're the CEO, you cannot date people at work. Tough shit, there's 7 billion other people in the world.
That's a bullshit made-up rule, designed by corporate lawyers who want to remove any possibility of a lawsuit. There's nothing immoral about dating an employee; it's a risky situation because the employee can feel pressured and harassed, or it can lead to conflicts of interest, undeserved promotions or bonuses etc.
That being said, if both persons are mature and cautious, the sky will not fall.
Re: Sex Scandal Toppled a Silicon Valley Chief. Investors Say, So What?
#7Can't say that I love that the article clearly takes a "Can you believe this bullshit?" tone, but it's hard to conclude anything other than that the investors here really don't care. In their view, their goal is to return capital (and by extension, further their career and life), not play judge. The investors who chose not to comment are pretty cowardly, IMO.
Capital is fundamentally amoral, but that doesn't mean it has to be dehumanized. Its use can still be powered by ethics.
Re: Sex Scandal Toppled a Silicon Valley Chief. Investors Say, So What?
#8He wasn’t sexually assaulting people he just dated someone at work. The article acts like if you break the workplace dating policy you should never work again or have to come crawling back. Would view this as a standard firing for him breaking the rules not really a #MeToo where he’s supposed to go into exile on MeToo island
I view his leaving of SoFi to be more about his evasiveness and misrepresentations to HR and to the board. Hard to be an effective leader if you've lost that credibility.
Re: Sex Scandal Toppled a Silicon Valley Chief. Investors Say, So What?
#9Maybe you guys should start considering mandatory castration.
Re: Sex Scandal Toppled a Silicon Valley Chief. Investors Say, So What?
#10>Mr. Cagney was romantically involved with an employee, even though he had previously told directors that he was not involved in any extramarital workplace relationships
Okay...? If that's literally the extent of what they found then this is kind of a non-story. Calling it a "sex scandal" is even quite clickbaity in my opinion.
Like, yes, there is a conflict of interest. Potential for abuse or coercion. But nowhere does it say any of that occurred, meaning this was just a routine violation of workplace rules. Absolutely mundane. I'm very much siding with the investors here.