zlacker

But those are people who have some skin in the game right? And shareholders can change the board structure right?

>>crop_r+(OP)
I was at amzn when jeff formed the first board. No skin in the game, and no shareholders with any votes. I gather this is pretty typical.

>>PaulDa+k
But Jeff was the shareholder and those were his nominees right? Not to mention he was mostly able to pick the board as needed. In for profit corporation there is a clear ultimate ownership in shareholders. No such thing here.

>>crop_r+D
The claim was that non-profits "just put their friends on the board". No difference.