51–60 of 181 posts
"We currently depend on the continued services and performance of our key personnel, including Benjamin Silbermann and others. Mr. Silbermann’s employment, and the employment of our other key personnel, is at will, which means they may resign or be terminated for any reason at any time." Genuine question: is it normal for the CEO of a company in the US to have no notice period?
Earlier quoted context omitted.
Frankly, as a long term buy and hold investor, I actually prefer to invest in companies where the founders are solidly in control, assuming I believe in their abilities. It seems like it should free them from some of the pressure to optimize for the short term at the expense of long term success.
But if they aren't predicting profits any time soon you won't be getting dividends. And you'll only have weak voting rights with which to nudge corporate strategy. So, why invest at all?
"We currently depend on the continued services and performance of our key personnel, including Benjamin Silbermann and others. Mr. Silbermann’s employment, and the employment of our other key personnel, is at will, which means they may resign or be terminated for any reason at any time." Genuine question: is it normal for the CEO of a company in the US to have no notice period?
I am genuinely curious, how does the year-over-year growth of 60% come together with the pretty consistent "death curve" according to Google Trends [0]. Could they have deliberately lowered the revenue in 2017 through some clever accounting in order to come up with this number? As they have been around since ~2012, are there any prior financial metrics publicly available? [0] https://trends.google.com/trends/explore?…
That said, this is US data if I am not mistaken, and Pinterest seems to have a lot of activity happening internationally. Other comments state they have more MAU outside the US than within.
"We currently depend on the continued services and performance of our key personnel, including Benjamin Silbermann and others. Mr. Silbermann’s employment, and the employment of our other key personnel, is at will, which means they may resign or be terminated for any reason at any time." Genuine question: is it normal for the CEO of a company in the US to have no notice period?
Yes, very. That's boilerplate.
"We currently depend on the continued services and performance of our key personnel, including Benjamin Silbermann and others. Mr. Silbermann’s employment, and the employment of our other key personnel, is at will, which means they may resign or be terminated for any reason at any time." Genuine question: is it normal for the CEO of a company in the US to have no notice period?
Yes, very. That's boilerplate.
Pinterest continuing the trend of teach companies IPOing with dual class share structures: "Following this offering, we will have two classes of common stock: Class A common stock and Class B common stock. The rights of the holders of Class A common stock and Class B common stock will be identical, except with respect to voting, conversion and transfer rights. Each share of Class A common stock will be entitled to on…
The verdict on dual class shares is not as unfavourable as is frequently made out in the press as attested to by a recent study in the Harvard Law School Forum on Corporate Governance and Financial Regulation: "The limited empirical evidence on the technology and emerging growth companies that are the target of these regulations is insufficient to support the adoption of new regulations, as the evidence that is avail…
"We currently depend on the continued services and performance of our key personnel, including Benjamin Silbermann and others. Mr. Silbermann’s employment, and the employment of our other key personnel, is at will, which means they may resign or be terminated for any reason at any time." Genuine question: is it normal for the CEO of a company in the US to have no notice period?
I am genuinely curious, how does the year-over-year growth of 60% come together with the pretty consistent "death curve" according to Google Trends [0]. Could they have deliberately lowered the revenue in 2017 through some clever accounting in order to come up with this number? As they have been around since ~2012, are there any prior financial metrics publicly available? [0] https://trends.google.com/trends/explore?…