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Intel was once a Silicon Valley leader. How did it fall so far? (www.vox.com)

submitted 3 months ago by [email protected] to c/[email protected]

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[–] [email protected] 24 points 3 months ago (1 children)

I was including the accountants and lawyers in that list, just to be clear. They're all bad if they don't have any idea how the technical side of their business functions.

[–] Willy 9 points 3 months ago* (last edited 3 months ago) (2 children)

I think they are different levels of bad. To paraphrase the old adage, If sales takes over your company, be wary. If accountants take over, start looking for a new job. If lawyers take over quit.

[–] [email protected] 4 points 3 months ago (1 children)

I can see how accountants and sales can be bad, but how exactly do lawyers fuck up? Not saying they don't, just asking how it plays out.

[–] [email protected] 7 points 3 months ago (1 children)

They only bring in the lawyers when something is truly fucked, like the Board taking control from administration. They usually take over when the time has come to investigate fraud, dismantle or otherwise heavily restructure the company.

[–] [email protected] 2 points 3 months ago (1 children)

Oh but then the lawyers are like white blood cells? They are good? Lawyers are friends? (Unless you're a black hat/criminal I guess)

[–] [email protected] 4 points 3 months ago

The lawyers are there to safely burn everything to the ground, because if they have been brought in everything is already fucked beyond any hope of repair.

[–] [email protected] 2 points 3 months ago

I mean, and I'm thinking more in the context of retirement investments here, the moment any of those things happen I'm inclined to jump ship. I am thoroughly unaware of any time such a move has turned out well in the long run. Same sentiment for stock buybacks, though that one because if that's the best thing the company can think of to spend money on they are completely out of good ideas.