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MongoDB CEO resigns to join Meta

366 points · 306 comments · diek

  1. stasomatic · · focus · HN ↗
    "Effective immediately" is harsh even though perfectly legal. Does this mean nobody knew and it was a "Surprise!!!"? Extremely callous if that's the case, there is got to be more to the story.

    Is a CEO really worth 20% of market cap? Nuts.

    1. leftnode · · focus · HN ↗
      It looks like that phrase was removed from the article, but that is standard for C-level jobs. When you resign, you're shown the door immediately. The same thing happened with Marissa Mayer when she left Google during a phone call. Call was ended and her accesses terminated. Can't risk any additional trade secrets leaving.
      1. Macha · · focus · HN ↗
        > It looks like that phrase was removed from the article, but that is standard for C-level jobs.

        Isn't the standard they get a made up advisor role for some months? Though usually that involves the ex-C-level to understand the implicit expectation of not starting immediately at the next place.

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