[noiseman]

And this is the downside of having independent members on a board. It’s good in theory to promote responsible corporate governance, but quite often it becomes a vehicle for outsiders to control, twist, and destroy companies. Look at how Apple very nearly destroyed itself in the late 80s/early 90s after they made the stupendously idiotic decision to push out Steve Jobs. John Sculley was the epitome of an unimaginative corporate drone, and he and the board came within an eyelash of destroying Apple. Only bringing Jobs back in 1996 saved them (and propelled Apple to stratospheric heights in comparison).

And today look at how these boards have infected nearly every major company with wokeness. I understand the value of independent board members, but I also think every member of the board should have some skin in the game. We’ve also seen unending examples of how plum board seats have become nothing less than political payoffs, making the addition of outsiders to a board simply a vehicle for corruption.

I think we need a new corporate governance model, on a number of fronts.

[Dr. Sivana]

he and the board came within an eyelash of destroying Apple.

There was actually some growth and good decisions made under Sculley, but when they dropped Sculley they went with the idiot Kraut Michael Spindler, and when he messed up they went with the even worse Frenchie Gil Amelio.

Jobs needed some seasoning, so the time away did him some good.