Tech Founders’ Absolute Power Is Destroying Company Culture

When Richard Liu Qiangdong—the billionaire founder and CEO of China’s e-commerce giant JD.com—was arrested in Minneapolis on suspicion of rape, many people’s eyes turned to the company’s board of directors. In any typical business, it’s the board’s role to hold the CEO accountable. What would they do? In the end, JD’s board didn’t do anything. …

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