Vote to see vote counts
Running a public company involves dealing with amplified scrutiny compared to a private company, where issues are discussed privately with VCs rather than publicly on platforms like Reddit or in the Wall Street Journal.
Jamie Dimon, who I think is a leader, should recuse himself from decisions where the government has input and have a panel of thoughtful, smart people decide what's best.
A CEO's job is to weigh different interests and reach the net optimal outcome for the company, not just follow legal advice.
At Sequoia, investment decisions are made by consensus. If one person says no, it doesn't happen. This blew my mind when I first got there.
There's usually two board meetings: the official board meeting and what I call the real board meeting. That's when the biggest shareholders and the most respected person on the board meet in the parking lot after.
In a crisis, the CEO's role is to weigh different interests and find the best outcome, rather than simply following legal advice, which may not consider reputational risks.
The CEO's role is to balance different interests and find the optimal outcome, not just follow legal advice.