He ruined TWA airlines before that. Argue as you want about his success as a businessman, he is bad bad news for employees, board members, and usually (other) stockholders.
Well remember he's only getting involved in risky projects because that's where he can maximize upside. If your company is doing well to begin with he's not there.
Not quite. Netflix was doing fine, and yet he kept trying to do his shit to them so that he could chop the company up and sell it off, piece by piece. I'm glad the Netflix board was successful in telling him to go fuck himself.
You're forgetting when he showed up at Netflix. It was after their disastrous splitting of the DVD and streaming biz when they lost 1 million subscribers and their stock price crashed.
Probably because when things are great and the company is growing in value, it'd be very hard to convince the shareholders that things need to change. If they start missing targets quarter after quarter, that's when he'd have leverage.
