When Gates stepped down from Microsoft in 2000, it was a $600B mkt cap company.
Over 13 yrs Ballmer ran it down to $270B (the stock was up 9% the day he announced he would retire).
Now @satyanadella has been running it for 9 years and the mkt cap is up to ~$2T
Over 13 yrs Ballmer ran it down to $270B (the stock was up 9% the day he announced he would retire).
Now @satyanadella has been running it for 9 years and the mkt cap is up to ~$2T
This is what I will respond with when people claim theyโd rather take a great business with a mediocre leader than a great leader with a mediocre business. Great leaders build great businesses.
important to consider the market too obvsโฆ Gates and Nadella have outperformed and Ballmer underperformed but also Ballmers timing sucked.
During Ballmers tenure the Nasdaq was down 13% but MSFT was down >40%
During Satyaโs tenure the Nasdaq is up 269% but MSFT is up 620%
During Satyaโs tenure the Nasdaq is up 269% but MSFT is up 620%
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