One thought:

'Lose money for the firm, and I will be understanding; lose a shred of reputation for the firm, and I will be ruthless.'

The offspring may be just fine (by coincidence), or may not be, but maybe that isn't the biggest issue.
As others noted, 2 out of 14 isn't likely to sink the ship.
Either way, that's like gaining or losing a little money.

But there is no conceivable way to spin it as their bringing relevant skills, *even if* that purported skill is "protecting the culture".
They are there because they're the kids of the boss, period, and everybody knows it.

It is a massive ongoing blight on the reputation of the firm.
If our company's boss had a boss, that over-boss would come down ruthlessly.

Oddly enough, the one situation that would have changed my mind is if Mr B were leaving his stock to them.
They'd be major shareholders, and having a seat at the table would be pretty reasonable.

Jim

Berkshire Hathaway FAQ

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