Scott McNealy Quotes

I believe our philosophy of conscious capitalism will eventually be widely adopted primarily because it is a better way to do business, and it creates more total value in the world for all of its stakeholders.

I am not in favour of the takeover of excellent and strategically important British companies by struggling foreign firms whose actions are fuelled by tax avoidance, and who want to asset-strip the intellectual property of the British company and then dismember it.

Companies that are publicly held have a fiduciary duty to their shareholders to try to maximize their profits within ethical reasons.

We capitalists? We want transparency.

A corporation is simply a form of organization used by human beings to achieve desired ends... Protecting the free-exercise rights of corporations like Hobby Lobby, Conestoga, and Mardel protects the religious liberty of the humans who own and control those companies.

I am the largest shareholder in SoftBank; I share the same interest as the other shareholders.

The greatest hypocrisy on the planet right now is for those who defend capitalism to not be in favor of radical transparency, for all of us to know who owns everything. And that is my militant, radical, moderate, pro-capitalist, pro-Enlightenment, ferocious stand.

When companies fail, shareholders bear the losses. It's just the way our system is supposed to work.

Business is business. I don't manufacture cars, but we do manufacture money.

In our case, one of my earliest experiences working in the company was being asked to be on Ted Turner's board, and I saw that the value creation from owning networks was stunning - new channels, international opportunities, synergy, many things that Turner Broadcasting built for decades.

Our laws demand that a corporation have a fiduciary responsibility with shareholders to maximize profits. They are legally required to make as much money as possible, any way possible within 'the law.'

I would be lying if I didn't admit sadness that our wonderful airline is merging with another. Because I'm not American, the U.S. Department of Transportation stipulated I take some of my shares in Virgin America as non-voting shares, reducing my influence over any takeover. So there was sadly nothing I could do to stop it.

There are positives and negatives to publicly traded and private companies.

I actually am a capitalist, and I believe in shareholders. But I believe in them as a result of what I do, not as a reason for what I'm doing. The same with profits - profits alone cannot be an objective. It has to have a purpose.

We have been successful in buying and selling companies because we have a reputation of fulfilling deal terms in letter and spirit.

Family business management is a discipline that has evolved from an art into a science. The market for this line of education has been created by the growing recognition of family-run companies that shareholders are demanding greater clarity on issues ranging from succession to the management of wealth and the distribution of profits.

Shareholders, of course, have every right to weigh in on whether (or how) they want a company to exercise political influence.

Sometimes, I had very little - if any - idea for whom I was really working: at the end of the day, who reaped the profits? Was it a privately controlled German foundation or a global array of stockholders? A middle-class guy on the Upper West Side or Rupert Murdoch? Were we pursuing mere profit, or self-perpetuation, or something bigger?

As the head of the public company, you can't say you can't sell, because then you're telling your shareholders that your own personal feelings about your assets are more important than their money. And they won't invest with you if you do that.

2009 was one of the busiest, most insane, stressful periods in my entire career. I was raising a bunch of money, buying a bunch of Twitter. I saw my friend fired as CEO of Twitter. Uber was growing like a weed. As these companies get bigger and bigger, there's more and more friction. Being public was the last thing I wanted to do at the time.

Going public is one step in the life cycle of a company; it's not the last step.

I don't think LVMH will want to significantly change the strategy of Loro Piana, and I don't think that they would have bought it otherwise.

When you're working on a Marvel movie, their legal department do not play.

Our responsibility is to maximise shareholder value, and if that means we can make short-term investment where we can maximise short-term value, we can do that.

Benchmark has threatened to block investments that could bolster Uber's competitive position in global markets by bargaining over board seats and its own control.