Pretty good case study about what NOT to base your investments on.
- Murmers from uninformed sources inside the company (check)
- Sale of stock by an employee that regularly participates in interval sales (check)
- Speculation by technology writer (check)
- The assumption that the entire future of a company is based on a single individual in technology (check)
As an aside, even if TRUE, it is common for companies to transition employees in senior leadership positions as they grow - not doing so can be just as strong an indicator. There has already been a long line at Tesla. The fact is that some employees are great in startup mode and struggle in other areas once a company is larger and have a different set of challenges.
People often speculate about the health of a company's relative to the employment of a single individual, and mostly they have been wrong. There are many examples of this, but one, in particular, comes to mind: Steve Jobs.
- Murmers from uninformed sources inside the company (check)
- Sale of stock by an employee that regularly participates in interval sales (check)
- Speculation by technology writer (check)
- The assumption that the entire future of a company is based on a single individual in technology (check)
As an aside, even if TRUE, it is common for companies to transition employees in senior leadership positions as they grow - not doing so can be just as strong an indicator. There has already been a long line at Tesla. The fact is that some employees are great in startup mode and struggle in other areas once a company is larger and have a different set of challenges.
People often speculate about the health of a company's relative to the employment of a single individual, and mostly they have been wrong. There are many examples of this, but one, in particular, comes to mind: Steve Jobs.