Okay take the case of Bezos and Gates. They both resigned from their own companies. Like how do you do that? Aren’t you supposed to like have total autonomy because the company is yours anyway. I understand the shares part, but how tf do you resign from your own property?
EDIT: I have successfully understood the whole dynamics, Thanks to those who answered
In: Economics
Once the company goes public and starts selling shares on the stock market, then usually the founder is no longer the majority owner. At that point from a legal perspective they’re no different than any other CEO. It’s just a job that you can quit. They usually still keep a role on the board of directors so they can have some influence, but they just don’t want to manage the day to day operations.
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