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Another Exec Unfriends Facebook
New York, 3:11 PM
Mon Nov 30
40 posts in the last 24 hours
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03/06/09
Next up: Twitter.
03/06/09
Am I the only nerd who thinks it's cool that his first name is Net?
03/06/09
Oh, wait.
03/06/09
#1 pre-interview research question: how old is you boss?
#2 pre-interview research question: have they ever held a real job (i.e., didn't start a company with daddy's money, founded their start-up in college and are consistently flush with hubris/investor's money.)
#3 hr question: what is your turnover rate? how many people did you have as employees during the year and how many people departed the company for any reason during that same year.
I don't care if you are launching the bloody space shuttle, if people are flying out of there through layoffs, firings, quitings, etc. you need to run for the hills.
Get a clue. Go on FB, LinkedIn and find the dead bodies.
AMEN.
03/06/09
Plus: Zuckerberg is 24. What kind of idiot VC's would continue to keep him on an allowance?
03/06/09
I have seen founders fire immediately with impunity executives who appear to have the support/backing of the board due to the details of their agreements. I recently saw a CEO self-implode when the board insisted he step down as part of the next round of funding. He refused. Fired the staff except the one he was sleeping with and ran the company into bankruptcy (took about a year and many, many good people did not get paid and others lost their jobs). The company would be ready to be sold for a 5-10 MM within a year had he not melted down.
03/06/09
03/07/09
The CEO has to come up with ideas to keep the company going up, and let the details to the rest of the team.
But zuckerberg theres a problem: he never had any ideas to begin with, not even FB itself, so he's basically useless, and in that case you should fire the founder from the very beginning