McCaw, Clearwire Founder and Chairman, Resigns
Craid McCaw
Interesting how earlier in the same day this was announced, there was an article about how Sprint has declined to invest more money into Clearwire.
epik said:
With enough sense to jump ship before it sinks, I think.
Interesting how earlier in the same day this was announced, there was an article about how Sprint has declined to invest more money into Clearwire.
Some of you seem to misunderstand Craig McCaw's position w/ Clearwire. He was Chairman of the Board. The Board of Directors are not employees, per se. Rather, they are moderately compensated elected or appointed officials -- usually a mix of company insiders and outsiders, such as executives of other companies, university presidents, scientists, et al. Their duties are not to run the day to day operations of the company, only to guide the broad direction of the company and to ensure re...
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epik said:
I understand his position on the board all too well. But McCaw also has the distinction of being Clearwire's founder. Jumping ship seems more dubious given he built it.
McCaw has founded, helmed, and/or invested heavily in many ventures (e.g. McCaw Cellular, Nextel, Clearwire), then divested his interests and/or distanced himself. He just moves on to his next venture. That is his modus operandi. Note, too, that his resignation was effective December 31. As such, that appears to be an orchestrated departure, not a preemptive resignation. And Clearwire has stated that McCaw's leave is not due to philosophical differences. So, claiming that this action is premonition of a "sinking ship" is no...
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Clearwire and other corporations tell you what they want you to hear, truth or not. Yes, my statement was speculative (not sure how you came to the conclusion that I thought otherwise), because I - like you - have no way of knowing whether statements are true, or what is really going on inside a company (short of being an executive of said company).
Your own comments, if taken in opposition to my "idle" and "irresponsible" comment, can also be speculative for all we know.
My apologies for speaking informally on this site. I reserve factual statements for my own site. I was under the impression that the PhoneScoop forum was an area of informal conversation, tin...
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