Skype founders’ Joost ousts chairman Mike Volpi

Posted by & filed under Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information.

Description: Web TV firm Joost, owned by the founders of Skype, removed its high-profile chairman Mike Volpi by shareholder vote, it said in a statement late on Friday.

Source: Reuters News

Date: 9/12/2009

Keys: Management, investing, marketing

Link: http://www.reuters.com/article/ousivMolt/idUSTRE58B0UZ20090912

Questions for discussion:

  • Why do you think the same people keep emerging as top managers? Explain your thinking.
  • Are these events significant for the firm’s stock value? Explain your thinking.
  • Why do you think Joost has had such trouble establishing revenues?

Leave a Reply