Not sure it’s as much “short term mindset” as it is power consolidation. He doesn’t own a big voting share (only 3.5%) or a special share class like Zuck, so it’s in his interest to not have a clear #2 lest they and the board get any ideas of collaborating on a coup.

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afavour a day ago | parent [-]

Sounds more and more like he had a "me" mindset, not a long-term one. Not exactly mind blowing that the board wouldn't love that.

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lucaslazarus a day ago | parent | next [-]

Yeah the whole “long term mindset” idea is definitely just hagiography done with the benefit of hindsight. Indistinguishable from luck empirically!

	▲	NetMageSCW a day ago \| parent [-]
		He spent a decade supporting CUDA despite much criticism and share price losses only to ultimately be proven right. If that isn’t a long term bet, what is?

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kortilla 9 hours ago | parent | prev [-]

Those are not mutually exclusive. If your vision is to run a company for as long as you are cogent, that’s still a long-term mindset.