We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookie Policy
Accept
NEW YORK DAWN™NEW YORK DAWN™NEW YORK DAWN™
Notification Show More
Font ResizerAa
  • Home
  • Trending
  • New York
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Art
  • Health
  • Sports
  • Entertainment
Reading: The Boy Bosses of Silicon Valley Are on Their Way Out
Share
Font ResizerAa
NEW YORK DAWN™NEW YORK DAWN™
Search
  • Home
  • Trending
  • New York
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Art
  • Health
  • Sports
  • Entertainment
Follow US
NEW YORK DAWN™ > Blog > Technology > The Boy Bosses of Silicon Valley Are on Their Way Out
The Boy Bosses of Silicon Valley Are on Their Way Out
Technology

The Boy Bosses of Silicon Valley Are on Their Way Out

Last updated: August 10, 2022 8:25 pm
Editorial Board Published August 10, 2022
Share
SHARE
11BOY BOSS illo facebookJumbo

Leaving as billionaires, they have emanated Silicon Valley’s relentless positivity. Pinterest “is just getting started,” Airbnb “is in the best hands it’s ever been in” and Instacart has a “enormous opportunity ahead,” the founders wrote. Both Mr. Mehta and Mr. Gebbia said they had plans for new projects.

Investors say they anticipate more of these resignations from founders who are realizing they now have to work harder for less (relatively speaking). “Now, they can let some executives step up, take over and grow it with different incentives,” Mr. Cohen said.

Last week, Brad Hargreaves, the founder of Common, a start-up that operates communal living spaces, announced he would step down as chief executive, becoming chief creative officer. The company’s head of property, Karlene Holloman, a hotel industry veteran, will take over as chief executive.

The market downturn factored into Mr. Hargreaves’s decision. In flush times, he said, it’s good to have a founder at the top of the company who can sell investors, employees and customers on a grand vision. “Operations don’t really matter that much,” he said. “No one’s really watching the bottom line.”

Today’s environment requires someone with Ms. Holloman’s extensive experience and operational skills, he said. “In a tighter time, when operations matter a lot and nobody’s buying into any grand visions, you want an operator in that seat,” he said.

“A lot of founder-C.E.O.s stick around too long,” he added.

The founders who have so far stayed on amid the downturn — and there are many, including at Stripe, Coinbase and Discord — can expect greater demands and more pressure. The stock trading app Robinhood has laid off more than 1,000 employees this year as it loses active customers. Dan Dolev, an analyst at Mizuho Securities, said several investors had privately suggested Robinhood bring in a more seasoned executive to help its co-founder, Vlad Tenev. Mr. Tenev cannot be forced out, since he and his co-founder, Baiju Bhatt, together hold a controlling stake in the company.

You Might Also Like

TLI Ranked Highest-Rated 3PL on Google Reviews

Sandsoft’s David Fernandez Remesal on the Apple antitrust ruling and extra cell recreation alternatives | The DeanBeat

OpenAI launches analysis preview of Codex AI software program engineering agent for builders — with parallel tasking

Acer unveils AI-powered wearables at Computex 2025

Elon Musk’s xAI tries to elucidate Grok’s South African race relations freakout the opposite day

TAGGED:AirbnbAppointments and Executive ChangesComputers and the InternetEntrepreneurshipGebbia, JoeInstacartMehta, ApoorvaPinterestSilbermann, BenStart-upsThe Washington MailVenture Capital
Share This Article
Facebook Twitter Email Print

Follow US

Find US on Social Medias
FacebookLike
TwitterFollow
YoutubeSubscribe
TelegramFollow
Popular News
OpenAI simply mounted ChatGPT’s most annoying enterprise downside: meet the PDF export that modifications all the things
Technology

OpenAI simply mounted ChatGPT’s most annoying enterprise downside: meet the PDF export that modifications all the things

Editorial Board May 12, 2025
Sam Altman at TED 2025: Inside essentially the most uncomfortable — and essential — AI interview of the 12 months
Is Jan. 6 a Winning Political Issue? We’re About to Find Out.
Google Says It Will Delete Location Data When Users Visit Abortion Clinics
Pittsburgh vs Philadelphia: Which Metropolis is Proper for You? Evaluating Actual Property, Price of Dwelling, Tradition, and Extra

You Might Also Like

OpenAI simply mounted ChatGPT’s most annoying enterprise downside: meet the PDF export that modifications all the things
Technology

The $1 Billion database wager: What Databricks’ Neon acquisition means on your AI technique

May 16, 2025
Software program engineering-native AI fashions have arrived: What Windsurf’s SWE-1 means for technical decision-makers
Technology

Software program engineering-native AI fashions have arrived: What Windsurf’s SWE-1 means for technical decision-makers

May 16, 2025
OpenAI simply mounted ChatGPT’s most annoying enterprise downside: meet the PDF export that modifications all the things
Technology

Cut back mannequin integration prices whereas scaling AI: LangChain’s open ecosystem delivers the place closed distributors can’t

May 16, 2025
OpenAI simply mounted ChatGPT’s most annoying enterprise downside: meet the PDF export that modifications all the things
Technology

From OAuth bottleneck to AI acceleration: How CIAM options are eradicating the highest integration barrier in enterprise AI agent deployment

May 15, 2025

Categories

  • Health
  • Sports
  • Politics
  • Entertainment
  • Technology
  • World
  • Art

About US

New York Dawn is a proud and integral publication of the Enspirers News Group, embodying the values of journalistic integrity and excellence.
Company
  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement
Contact Us
  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability
Term of Use
  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© 2024 New York Dawn. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?