Incredibly Stupid or SmartAs everyone knows Larry has done absolutely nothing over the years to increase shareholder value. His brutal podcasts do nothing but further the opinion that Larry is incompetent and out of touch. So how does Larry stay in control, especially as more and more shareholders complain about his performance.
Well, there could be a flip side with a possible big pay day. What if Larry knows that he has a big tier one in his pocket just waiting on the proving process. What if AMY has Tesla as their suitor. Wanting the morphology and upcycling specs. Larry would never leave knowing this potential payday. Larry is not in control of the engineering side of the business and as such not really a liability.
So maybe let the old fool rant away on weekly podcasts, blowing his own horn, as he knows he will win out when this deal happens.
Leaving the only gamble here, the Recyclico process, which by every and all accounts appears to work.
So hopefully short term pain now for long term gain this year.
It's the only way I can wrap my head around having such a horrible ill spoken CEO running things. Larry must know that the potential suitors are huge if the process works.