About Quote by Ben Horowitz
“Shareholder activism works when activists understand something about the characteristics of the business that the board doesn't.”
About This Quote
Source Book: The Hard Thing About Hard Things, 2014
Activists succeed when they know business traits the board overlooks.
In simple terms: Understanding hidden business aspects gives activists an edge.
Gain deep insight into company specifics.
Themes
Mood
Type
When to use this quote
- mergers
- corporate governance
- investment decisions
Key Concepts
Questions to Reflect On
- What data can activists uncover?
- How can boards preempt activist moves?
Boards may adapt to activist pressure.