zlacker

Yeah, looking at the self-dealing going on with WeWork and Adam Neumann, it's not that.

>>fragme+(OP)
The board knew and agreed to it in that case.

>>fragme+(OP)
Not sure what you mean here. They tried to IPO in 2019 and all the dirty laundry came out, scuttled the IPO and Neumann got ousted.

>>fragme+(OP)
There's a difference between self-dealing you sell the board on and self-dealing you conceal from the board (also, different where its a pure for-profit where the self-dealing happens and where there is a non-profit involved, because the latter not only raises issues of conflict of interest with the firm, but also potential violations of the rules governing non-profits.)

>>ssnist+S3
Ousted to the tune of millions and millions of dollars tho. Yeah he didn't get an IPO pop, but he's still worth more than you or I could make in several lifetime.