From Broadway Dan:
From a personal health stand point it may be a great thing and we of course all wish DaSilva the very best.
From an investor’s standpoint it’s indisputably a negative. And at best a question mark.
Shopify, Netflix, The Trade Desk, Amazon (til recently), Upstart, CrowdStrike, Cloudflare, Zoom Info, Zoom, Bill, Monday , ZScaler all benefit greatly from dedicated founder-CEO’s who are passionate about building successful, lasting, impactful businesses.
and from stocknovice:
Why? A company’s performance and its management team either meet your standards or it doesn’t. That’s one of the most important lessons you can learn as an investor regardless of style.
Honest question: Exactly what in LSPD’s performance this quarter deserves more patience from shareholders given the alternatives?
Hey guys! Chill pill time!
Regarding Dan’ comment and examples: Yes, I agree completely! And also there are many examples to the contrary – SNOW being one of them.
Regarding stocknovice’s comment: Yes, I agree completely! I had owned LSPD, and was enthusiastic about what they APPEARED to be accomplishing. In the end, I was wrong, and sold. They may still get their act together, at which point they’ll merit attention, and maybe even my investment. Until then, I wait and see.
My point regarding the bloomberg article was that the founder’s burnout and resignation was not the reason to move on.