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A comment on Boards are dangerous to founder/CEOs. Parent comment

Re:Boards are dangerous to founder/CEOs by dragonwriter on Tuesday November 23, 2021 @10:47PM (#29326744)
> Firstly, founder does not hire the board.

Where the founder also controls the voting majority of stock, yes, the founder hires the board.

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Re:Boards are dangerous to founder/CEOs by nabla9 on Wednesday November 24, 2021 @07:55AM (#29329513)
That case is outside the context of the discussion.

If founder has majority of stocks, he can't be fired.

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Re:Boards are dangerous to founder/CEOs by boringg on Wednesday November 24, 2021 @09:17AM (#29330162)
You didn't even read the article and don't understand fundraising dynamics for a start up. Go directly to jail, do not collect $200 and don't come out until you've done your homework.
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