HTC Investors Complain The Company Didn't Give Them A Free Phone At Annual Shareholder Meeting

19 June 2014

Wall Street Journal:

Nearly 2,000 HTC shareholders packed into a ballroom at a three-star hotel 30 kilometers away from capital Taipei, to attend HTC’s annual meeting. The turnout was unusually high: Hundreds of them had to stand in aisles or outside the ballroom while shareholders took turns venting their frustration at the beleaguered smartphone maker.

Many of them said they were expecting a free cellphone, as HTC gave them out last year. Instead, each of them were given a free thermos, fruit juice and some bread.

This is literally the stupidest thing I have ever heard. As a company, when you are successful, you get blasted for being too maniacal and dictatorial. When you’re coasting, you get dinged for not growing quick enough. But, you definitely have it worst at the bottom: you get absolutely screwed by so much managerial crap to deal with.