How To Deal With Shareholder Activists: An Open Letter to Corporate CEOs and Founders

Over the past decade, shareholder activism has become a permanent part of the landscape for public companies.

Last year, Silicon Valley was a particular hotbed of shareholder activism, and activists haven’t let up with their focus on tech companies in 2023. Conditions have been ripe: valuation multiples have compressed in many subsectors as investors have quickly shifted demands from “growth” to “profitable growth.”