Archive for the '2¢' Category
30
Jul
09
vinyl sound wave
From spinning at the BOC last night for ladies night:
“good old school” = montell jordan? yikes. lord only knows what might constitue “newer hip-hop” in this person’s mind. by the way, who was working the door? i mean, who circles the dots over their “i”s past the age of 10?
don’t get me wrong, i’m down to get it tonight and know that this is how we do it. montell definitely gets play at i <3 the 90s but “old school”? only if you aren’t old enough to drink yet…
The wheels are coming off the bus at Facebook. There is one sure sign, one incontrovertible indicator at technology companies that need cash and have no business plan, of maximum identity crisis, even on-the-verge-of-meltdown turmoil: the departure of the CFO.
Gideon Yu, Facebook’s CFO since summer 2007, left the building yesterday.
Before that, another CFO left Facebook less than two years ago—which indicates that Facebook’s ubiquity and sheer fabulousness are masking either growing pains or long-term turmoil.
The CFO in a company that depends on higher and higher valuations to keep its investors happy is the second most important person in the enterprise and often the paramount figure. Getting rid of your CFO is only a smidgen different from getting rid of your CEO.
The CEO gets rid of the CFO only with tremendous court intrigue and palace coup fashion (it can just as easily happen the other way, with the CFO offing the CEO).
