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A comment on When I was fired in 2008 and made chair, the board took most of my shares away.

Re:When I was fired in 2008 and made chair, the board took m... by hirundo on Sunday April 17, 2022 @05:00PM (#31064469)
> Wow, with Jack departing, the Twitter board collectively owns almost no shares! Objectively, their economic interests are simply not aligned with shareholders.

Since they own no appreciable equity in Twitter except for Jack, their power is in proportion to Twitter's capacity to moderate content, not the market value. Elon threatens that. It would be shocking if they did not fight him.

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Re:When I was fired in 2008 and made chair, the board took m... by fred_is_fred on Sunday April 17, 2022 @09:57PM (#31066490)
Do most boards have appreciable equity in the company? I don't think that's the norm for publicly traded companies.
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