zlacker
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1. PaulDa+(OP)
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2023-11-18 00:32:19
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.
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>>crop_r+j
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2. crop_r+j
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2023-11-18 00:33:40
>>PaulDa+(OP)
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.
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>>PaulDa+D
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3. PaulDa+D
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2023-11-18 00:35:38
>>crop_r+j
The claim was that non-profits "just put their friends on the board". No difference.
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