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by civilitty 942 days ago
> I've always had similar questions about folks like Musk and Dorsey. Is it simply lack of proper governance? Is it something written into their contacts? Is this just a Silicon Valley thing? I can only imagine that a lot of people would like to work on many side projects, but their employment agreements forbid it.

Folks like Musk and Dorsey have a lot more leverage when they're negotiating their contracts but when it comes to public companies, they get sued all the time over their decisions. The lawsuits are just very drawn out, boring affairs that normally get settled during discovery, before any details actually become public so we don't often hear much about them from the media.

Musk was sued by tons of people over self dealing when Tesla bought SolarCity, for example.