this post was submitted on 04 Aug 2023
58 points (100.0% liked)
Technology
19 readers
2 users here now
This magazine is dedicated to discussions on the latest developments, trends, and innovations in the world of technology. Whether you are a tech enthusiast, a developer, or simply curious about the latest gadgets and software, this is the place for you. Here you can share your knowledge, ask questions, and engage in discussions on topics such as artificial intelligence, robotics, cloud computing, cybersecurity, and more. From the impact of technology on society to the ethical considerations of new technologies, this category covers a wide range of topics related to technology. Join the conversation and let's explore the ever-evolving world of technology together!
founded 1 year ago
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
"Ousted" is an odd word to use for "sold his share", but I guess if that's the word you want to use then he was "ousted". At massive profit for himself.
You haven't mentioned any companies that I didn't already mention.
Ousted means, the board of directors removed him from CEO position against his wishes (in case of Zip2), and in case of X.com they did it while he was on honeymoon. Both of this things happened BEFORE the companies became successful.
SolarCity, The Boring Company, X.com (basically his X.com that he is trying to revive with Twitter died when they merged with Confinity and created PayPal, and likely it's why he was ousted), I guess technically Neuralink has still chance to succeed.