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Stock impact report

'Companies Cocoon Them,' Shopify Co-Founder Tobi Lütke Says—Why Ex-Entrepreneurs Get Pushed To The 'Outskirts' Instead Of Promoted [Yahoo! Finance]

Shopify Inc. - Class A Subordinate Voting Shares (SHOP) 
Last shopify inc. - class a subordinate voting shares earnings: 2/12 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.shopify.com/home/default.aspx
Company Research Source: Yahoo! Finance
Companies tend to "cocoon" former entrepreneurs rather than elevate them into leadership roles, Shopify Inc. (NYSE: SHOP ) co-founder and CEO Tobi Lütke said during a recent episode of the "Founders Podcast." Lütke said people who have started companies think and act differently inside large organizations. "I feel it's a very special thing," he told host David Senra , adding that "companies reject it. Companies cocoon them." Instead of being elevated, he said former founders are often moved away from decision-making roles. Don't Miss: Fast Company Calls It a ‘Groundbreaking Step for the Creator Economy' — Investors Can Still Get In at $0.85/Share It's no wonder Jeff Bezos holds over $250 million in art — this alternative asset has outpaced the S&P 500 since 1995, delivering an average annual return of 11.4%. Here's how everyday investors are getting started. He said these employees are frequently placed on the "outskirts" and assigned to so-called skunk work teams. "It's da Show less Read more
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