Personally, I think it's a good point when selecting shares.
For the founder, the company is like a baby.
And many of the founder-led companies are very successful.
Many large stock corporations often went downhill later when the founder left.
Often CEOs came in who made the wrong decisions and were given a farewell bonus.
Metro was once the largest retailer in Europe. Bad managers made the company invisible.
It was the same with Karstadt/Quelle. Quelle could be the Amazon of Europe today, but the management overslept the Internet.
Look at Aldi and the Schwarz Group, where the founders are still involved. They are successful here.
Look at how Bayer destroyed a successful pharmaceutical company. Carl Duisberg would be turning in his grave.
Take a look at Medpace, a small pharmaceutical service provider where the founder is CEO, where corporate decisions are made very differently because the CEO built up the company.
Even in many of the big tech companies, the founder is still active or involved in the background
Apple, Meta, Microsoft, Amazon, what happens if the creative founders disappear completely?
Or would Tesla do even better without Elon 🙈?
For the founder, the company is like a baby.
And many of the founder-led companies are very successful.
Many large stock corporations often went downhill later when the founder left.
Often CEOs came in who made the wrong decisions and were given a farewell bonus.
Metro was once the largest retailer in Europe. Bad managers made the company invisible.
It was the same with Karstadt/Quelle. Quelle could be the Amazon of Europe today, but the management overslept the Internet.
Look at Aldi and the Schwarz Group, where the founders are still involved. They are successful here.
Look at how Bayer destroyed a successful pharmaceutical company. Carl Duisberg would be turning in his grave.
Take a look at Medpace, a small pharmaceutical service provider where the founder is CEO, where corporate decisions are made very differently because the CEO built up the company.
Even in many of the big tech companies, the founder is still active or involved in the background
Apple, Meta, Microsoft, Amazon, what happens if the creative founders disappear completely?
Or would Tesla do even better without Elon 🙈?
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@Tenbagger2024 With founders, you have the advantage that they invest their heart and soul. The question is the next generation. Do they exist? Do they run the company in the spirit of their parents, grandparents... without losing sight of the future? What have the founders done to secure the company? Do they also have the skills of the founders? It can therefore even make sense to buy in external managers, as some start-up companies have already done. As far as Elon is concerned, genius and madness may be close to each other. For me personally, he is just getting bogged down and has not done himself any favors with X.
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•@Pithh There was a tussle at Aldi over the inheritance. The leader of the black group is still alive. Let's see if things go better there.
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