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by zangiku
3230 days ago
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Until an exit, he hasn't made them anything except paper billionaires. If anywhere on the road to an exit Travis or any other CEO does anything unbecoming of a steward of the capital of the investors, he should be questioned and potentially removed. That is why laws that protect investor rights such as fiduciary duty requirements exist. The reality is that when it comes to fraud or other potentially criminal activity, you've got to bat 1000 as a CEO. For even lesser offenses you don't get too many freebies. Welcome to the game. And wtf are you arguing anyways? Because I invested in Enron and they made me money, in 1999 I should have been happy even while alarm bells were starting to be rung? Your argument would've lost conscientious investors a great deal of money in the end game. You've got to think longer than just right now. Unless you have proof that the claims by Benchmark are literally fictitious, you're on the losing side of how this one'll play out. |
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