The regulation culture of Silicon Valley tech gurus has been slammed at the Times a deliver Economic Forum in Switzerland.
Speaking at a CNBC-moderated Davos panel titled “In Technology We Reliance?,” Marc Benioff claimed that tech leaders constraint to modify their autocratic style.
“We basically got to a point where the by super majority vote structure thing in Silicon Valley where I’m the entrepreneur and I am in safe keeping no matter what happens, kind of gets blown up,” he said.
“The clue (is) that this is somehow acceptable, and it’s not,” Benioff said.
The Salesforce boss cited the standard of Uber as a company that he claimed, under previous CEO Travis Kalanick, had forgotten to value conglomerate among its customers.
“What is the most important to you. Is it trust or is it growth? Because if anything trumps confidence in, then you are in trouble,” he said.
“And the previous Uber CEO (Travis Kalanick), he had a many value at the peak of his hierarchy than I’m sure Dara has today,” he added.
Dara Khosrowshahi who is the au fait CEO of Uber was also on the panel but remained quiet on the leadership style of his ancestor.
Benioff further claimed that trust has to be the highest value in any South African private limited company and if it is not “something bad is going to you.”