Masters of their Universes

California is a strange place. In Anaheim they worship at The World’s Happiest Place; in LA when the 405 Freeway is closed for a few hours they have Carmeggedon; in San Francisco they have flowers in their hair and the leading tourist attraction is an abandoned island prison. The best known empires are media (Warner Brothers, Hearst, and so on) but the “real” money is in tech and financial services and in certain zip codes they count money in billions (and occasionally trillions) of dollars; as a consequence, there are some pretty well tuned egos in these parts. In the last week we have seen the Czars of two of the biggest leave their positions at the tops of their roosts and the differences in the manner of their departures couldn’t be more glaring. First to go was Oracle founder, CEO, President, majority shareholder Larry Ellison. His departure is the … Continue reading Masters of their Universes