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Joined 1 year ago
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Cake day: July 15th, 2023

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  • Apple is now the most valuable company on earth, so I think you’re not making the point you think you’re making. Publicly traded companies act only based on what increases the value of their shares the most. If the current CEO isn’t seen as the most profitable CEO for the shareholders, they will eventually be replaced, even if they founded the company. That is a risk you knowingly take when taking your company public. Most founders choose the money that comes with an IPO, knowing they’ll eventually get the boot.