Moscow, September 26 “News. Economy.” In recent days, the limelight was the company WeWork and its Creator, Paul Neumann. In particular, Board members demanding the resignation of WeWork Neumann.
According to Bloomberg, members of the Board of a startup and, in particular, its largest investor SoftBank insist on leaving entrepreneur from the post of General Director in the background of the pending IPO.
As wrote earlier “News. Economy”, WeWorkбыло IPO postponed at the request of SoftBank, believes that investor interest in the company is too weak and too to attract the planned amount will not succeed. Then it was announced the assumption that the resignation Neumann will be able to whet the interest of the company.
The situation in Paul Neumann — not only when the Creator is forced to resign from the company he created.
Below we will discuss the 9 entrepreneurs who left the companies they created. Travis Kalanick and Uber
Travis Kalanick is an American entrepreneur, co-founder of peer-to-peer file-sharing company RedSwoosh network and the transportation company Uber.
In 2009, Travis Kalanick and Garrett camp created Uber, a mobile app to link passengers with hired drivers to obtain services of the taxi driver. Currently, Uber operates in 58 countries and more than 300 cities around the world.
The promotion, Uber has met resistance in some cities in North America, particularly in Washington, Chicago, Toronto and new York.
The company operates in a highly competitive market saturated with providers of such services, as well as their own clones, in cities such as London.
In November 2014, Kalanick has been criticized for following the tactics of “win at any cost” in the management of the company.
21 June 2017 Kalanick left the post of head of Uber, but retained a seat on the Board of Directors. Twitter and Jack Dorsey
Jack Dorsey is an American software architect and businessman, known as the Creator of Twitter.
Dorsey, stone and Williams became co-founded the company Obvious which then stood out of Twitter, Inc.
October 16, 2008 Williams took over the role of CEO, and Dorsey became Chairman of the Board. The growth of the service popularity, Dorsey had to choose improving health as the main priority.
Dorsey described the commercial use of Twitter and its API as two things that can bring revenue to the company. His three guiding principles, which are common for the whole company: simplicity, brevity and skill.
In 2015, 2016 and 2017 Dorsey voluntarily refused the salary, saying it “faith in the long-term potential and value of the company.” His salary for the year 2018 was $1.4.
In 2008, Dorsey was sacked from the post of Chairman of the Board of Directors. There were rumors that Dorsey is a big part of time is spent working on your hobby such as drawing or sewing on the job. Dorsey also was accused of drinking on the job.
In the end, Darcy dismissed, offering him instead the position of “the silent observer” in the Board of Directors.
In 2015, he returned to the company. Steve jobs and Apple
Steve jobs — American entrepreneur, inventor and industrial designer, widely recognized as the pioneer era of information technology. One of the founders, Chairman of the Board of Directors and the CEO of Apple.
After losing a power struggle with the Board of Directors in 1985, jobs left Apple and founded NeXT — a company that developed a computer platform for universities and business. In 1986 he acquired the computer graphics division of Lucasfilm production company, turning it into the Studio Pixar.
He remained CEO of Pixar and a major shareholder until the Studio was acquired by The Walt Disney Company in 2006, which made jobs the largest private shareholder and a member of the Board of Directors of Disney.
Challenges in developing a new operating system for Mac led to the purchase of NeXT by Apple in 1996 to use NeXTSTEP OS as the basis for Mac OS X.
As part of the deal jobs was promoted to Advisor Apple. By 1997, jobs regained control of Apple, leading the Corporation. Under his leadership, the company was saved from bankruptcy and became profitable. Danny ZAPPIN and Maker Studios
Danny ZAPPIN one of the founders of Maker Studios, a provider that is behind the largest YouTube channels, whose income exceeded $36 million in 2013 Seppia fired from the company.
Later ZAPPIN and three other of the company’s founder sued her in court, alleging that the Board of Directors of concealing information and engaged in fraud with the aim of obtaining full control over the company.
ZAPPIN founded his own company in the field of digital media Zealot, which could get investors more than $ 25 million. Andrew Mason and Groupon
Andrew Mason — founder and former CEO of Groupon, the American service of collective discounts.
In 2008, Andrew Mason presented to the public Groupon — consumers United in groups for discounts. The idea was a success, and Mason became a billionaire.
1 Dec 2010 The New York Times reported that Groupon rejected the Google offer to buy the company for $6 billion
Dec 18, 2012 the cable channel CNBC named Mason “the Worst Manager of the year”.
February 28, 2013 Andrew Mason was fired from Groupon. Eric Lefkowski, one of the co-founders of the company, on behalf of the Board of Directors thanked Mason for “leadership, creativity and devotion to the interests of Groupon.”
Groupon continued to pay the former CEO’s salary for six months. The same time he was able to use the health insurance and other benefits.
After leaving the company, Mason has maintained its share of the voting stock (20%), but resigned from the Board of Directors. Martin Eberhard and Tesla
Four years after Martin Eberhard founded Tesla in conjunction with Elon Musk, he was fired from the post of President of the company. It happened in 2007.
Eberhard said that signed agreement on non-proliferation defame the company during layoffs. However, he wrote that the dismissal was unfair, in his opinion.
In 2009, he sued on the Mask, accusing him of libel. However, he soon withdrew the suit. Parker Conrad, Zenefits
Conrad founded Zenefits, a company that works in the field of cloud storage, which helped the companies in managing human resources.
The company was founded in 2013. However, he had to leave the company because of the scandal surrounding the licensing of agents.
However, later, in 2017, he founded the company Rippling — a service that helps businesses to access information about potential employees.
In April 2019 Conrad said that the company Rippling received from investors nearly $ 45 million. Palmer Lucky and Oculus
Palmer Lucky 27 years old, he is the founder of the Facebook-owned company Oculus VR. Lucky retired from both companies in March 2017, shortly after he announced that funded the community that hosted the memes against Hillary Clinton.
After leaving Oculus and Facebook, Lucky founded founded Anduril, engaged in the creation of high-tech “virtual border wall” between the US and Mexico. Jerry Yang and Yahoo
Jerry Yang is an Internet entrepreneur, co-founder and former CEO of Yahoo! Inc.
June 2007 — January 2009 years was being on the post of Director of the company, heavily criticized for his reluctance to increase the company’s share price and the rejection of the proposal, Microsoft takeover latest Yahoo!.
In January 2009 resigned as Director, but gets the post of “Chief Yahoo” (“the head of Yahoo!”), actually remained at the head of the company. 17 Jan 2012 it was announced that Jerry Yang resigns from all posts in the company.
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