I am just saying.
Meanwhile, many CEOs made a lot of money in the process.
Shareholders could have done much, much, much better.
And employees? Not sure...
3 replies (most recent on top)
That sounds about right. When most consumers think about Intel's glory days, they are thinking of Windows 95, America Online, and encyclopedias on CD-ROM. For many years, Intel road the wave of x86 being selected by IBM in the early 80s. Since then, Intel has missed the boat on too many new tech innovations.
The company will survive and remain a big player for a long time, just like the industrial giants of the mid-20th century. But without visionary leadership and some winning bets on innovation, the Intel story will remain forever tied to the PC bo-m of the 80s and 90s, and is unlikely to ever surpass what it achieved then.
Zombie Andy Grove couldn't save this zombie company.
Dead money.
Intel Employees do very poorly vs other companies with growth, especially as you grow your career and RSU becomes a major component of compensation.
Growth companies are amazing as you can grow with them. Dead money companies operate in a zero-sum game-of-thrones like fight over a non-growing pie. Politics play a much larger role in no-growth companies. Tenure over talent.