Re:Is Unity allowed to just change its fee structure like that?
by flashgordon on Friday September 15, 2023 @05:33PM
(#37529388)
It is very very rarely case (at least in my limited years in corporate world) that the leadership is more evil than the board (atleast for public for-profit companies. Even more rare is the board not having this chat with leadership before the announcement.
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Re:Is Unity allowed to just change its fee structure like that?
by brightlancer on Friday September 15, 2023 @06:06PM
(#37529668)
The problem is that this really screws the shareholders, and _obviously_ so.
Most of the value of stock comes from the ability to sell it to someone else who wants to buy it. Who wants to buy stock in a company that has presented a plan to self-immolate?
The current stockholders may see some returns from short term profits, but then they'll be left holding the bag.
This seems like a case where the shareholders are incentivized to oust the board, because the company is going to screw them.