TEK2day

Operating at the Intersection of Technology and the Capital Markets

Tag: chairman

  • Decentralized Operating Models Will Always Win the Day Over Centralized Counterparts

    Yesterday Expedia (ticker: EXPE) announced that its CEO and CFO had resigned effective immediately. The reason? A disagreement in strategy with Chairman Barry Diller. Expedia’s former CEO and CFO had pursued a corporate reorganization to “streamline operations” to “drive innovation at scale.” Our observation – certainly insofar as the Technology industry is concerned – is…