I’m a big fan of RIM and the Blackberry but I think there is definitly something wrong with CEO Jim Balsillie. The Globe and Mail have done a number of articles showcasing his competiveness, the most recent one has an amusing little anctode about his poor gamemenship as well:
Just how much does Mr. Balsillie hate to lose? Not long ago, during a round of golf in Hamilton, Mr. Balsillie lost a bet to Mr. Foxcroft on the 18th hole.
When it came time to grudgingly hand over the money, the high-tech CEO, whose net worth has been estimated at more than $1.6-billion (U.S.), was visibly shaking.
“He said, ‘I’m not going for a drink. Here’s your $20,’ ” Mr. Foxcroft recalled. “I said, ‘It’s only $20.’ And he said, ‘No it isn’t. It’s all about pride.’
The fact that he can’t stand to lose has been directly linked to why RIM over paid NTP by about $400m dollars as it could have been settled much sooner. It also looks like his attempt to buy the Predators may have been botched as he jumped the gun and began to pre-sell season tickets in Hamilton, before the sale was final and before any decision to move the team was made. Doesn’t he have any tact?