This Wall Street Journal feature on Netflix’s corporate culture paints a picture of a company that promotes extreme transparency—almost to the point of humiliation. The story is worth reading, if only for the anecdotes of bizarre corporate behavior. Firing is done publicly, firing postmortems are too and in front of dozens of employees. Executives are expected to partake in corporate training...
Netflix’s Employees Mixed on Culture of Radical Transparency
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Privately held crypto exchanges are setting new lows in corporate governance. If you thought the initial bankruptcy filing for Sam Bankman-Fried’s FTX was stunning in what it revealed about how that company was run, check out the Commodity Futures Trading Commissions lawsuit against Binance today. Here’s a business empire controlled by one person, Changpeng Zhao, which has no board of directors...
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