The 39-year-old computer mogul on stepping down as CEO of the company he founded, why he doesn’t play footsie with the press (hey!), and the product line he should have launched years ago.
After seven months of wrangling and a shareholder vote that was rescheduled three times, Dell has finally prevailed in his $24.9 billion bid to take his namesake company private.
“Entrepreneurship is the art of the possible. Anyone with money and a good idea has what it takes to write his own ticket. The hitch, of course, is follow-through. You have to execute. You have to do it. And no one has done it as well as Michael Dell.”
Can the company that changed personal computing muster a second act?
It’s not just the stock price. It’s not just the executive exodus. It’s not just the flaming laptops. It’s not just the lousy customer service. It’s not just the sagging employee morale. It’s all of these things—and it’s deadly serious. Inside the sudden decline of the world’s most
powerful computer company.
Twenty-five years after the company’s first offering, Dell’s public stock will cease to exist. But its astonishing rocket-ride changed Austin forever.
The company's stocks shot up thirteen percent on news that CEO Michael Dell might work with private investors to buyout shareholders.