Kukla's Korner Hockey
by Paul on 10/06/08 at 02:44 PM ET
from Adam Proteau of the Hockey News,
Asked what he had learned after just about 10 years as an NHL owner, Leonsis said:
“You know, I’ve always worked in public companies, but here’s a private company (in the Capitals).
“So I said, ‘OK, we don’t have shareholders like Wall Street. We have stakeholders – our fans.’ And you always hear businessmen being criticized for not taking the long-term view; that they have to meet the next 90 day’s quarterly results. So they view things for the short term, at the detriment of the long term of the company.
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