Expensify CEO: ‘Most CEOs are not bad people, they're just cowards.’
"Remember that one time when we almost had civil war? What did you do about it?"
Hasnain says:
"I think most CEOs, it's not that they're bad people, they're just cowards. They're like, "Yeah, I would like to take a stand, but I can't because of investors, customers and things like this." It basically comes down to, "I care more about hitting the next quarter results than preventing a civil war," which is so fucked up. They're more afraid of their investors than they are of militants. I'm in a lucky position where I don't have to be afraid of my investors. I'm super profitable. I can't get fired. There's no majority on the board that can fire me. So I think that I am in a position [where] I can take these stands much more than others."
"I think that CEOs need to have the courage to actually step up for things that matter, and be less sort of afraid of the impact on their businesses. Because most customers, especially the people who are actually buying the software, they care about stability, they care about democracy."
Posted on 2021-01-19T20:13:04+0000