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1. unytti+(OP)[view] [source] 2023-11-19 12:04:36
The WSJ take is this second-guessing is investor-driven. But, investors didn't-- and legally couldn't(?)-- buy the nonprofit, and until now were adamant that the nonprofit controlled the for-profit vehicle. Events are calling those assurances into doubt, and this hybrid governance structure doesn't work. So now investors are going to circumvent governance controls that were necessary for investors to even be involved in the first place? Amateur hour all the way around.
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