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Boardroom drama and IR conference calls turning into a 4chan style discussions are characteristic of Big Co. culture as such in US. The few successful big companies that evaded that predicament, were the ones with either poison pill provisions, or other tricks that made them "taste bad" for activist investors and other nasty guys from financial industry

Loss of direction is what stalls big tech companies 9 times out of 10. If you have 10 decision making actors on the board of directors, you have to effectively do 10 different things that each of that guys want, and all of them with compromises made to accommodate the 9 remaining other things that had to be done simultaneously.

My father frequently says that "a public company is a like a woman with 10 husbands, all trying to make love to her at the same time"

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