Who’s in Charge Around Here?
Mark Lonergan, January 3rd, 2023
In November, Bret Taylor walked away from the Co-CEO role at Salesforce. He had been in that role for only 12 months and it is clear that he and SalesForce founder Marc Benioff were pulling in different directions. There were dozens of articles written in the wake of Taylor’s resignation citing reasons for his abrupt departure.
Time to Clean House?
Board Performance in a time of Economic Urgency
Mark Lonergan, November 30th, 2022
In its most recent survey of public company board directors published just last month, PwC found over 48% of respondents indicated that there’s at least one other board director who they think should resign their board position. 19% indicate that they think two or more fellow board members should resign. And these numbers are up
Lonergan SV150 Market Cap Down 30%
Six Month Update on the 2022 Rankings
Susan Lonergan, October 3rd, 2022
Since the March 31 ranking of the 2022 Lonergan Silicon Valley 150, the S&P 500 has dropped 25%. By comparison, the combined market cap of the Lonergan SV150, our firm’s ranking of the top public companies in technology headquartered in Silicon Valley, has dropped a total of 30% in the six months since March 31.
Does Your Founder Need a Dance Partner?
Mark Lonergan, July 15th, 2022
Recently, venture-backed Logistics company Flexport announced that it had recruited Dave Clark of Amazon to join Flexport as that company’s CEO. That’s not news. Lots of young companies are considering new CEOs in this wonky economy.
What made this special was how it happened: the Founder/CEO Ryan Petersen initiated the CEO change,
Looking Back Ten Years in the Lonergan Silicon Valley 150
2012 - 2021
Susan Lonergan, May 17th, 2022
On May 19, 2022 we are sponsoring a moderated panel discussion about "Silicon Valley over the Next 10 Years – What a Board Member Needs to Know." This event is being put on for the benefit of public company board directors in conjunction with SVDX and our co-sponsor, Baker Botts. Our bold prognosticating panelists are Michelle Lee,