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by jacquesm
943 days ago
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Yes, it would be funny if it wasn't tragic: the exact scenario they wanted to prevent materialized but from the one angle where they weren't covered. I predict this is the last time that a non-profit is put in charge of a for profit that has investors. That mistake is not going to be made again. And it also shows how risky it is to put together new governance structures even if they seem to be a good idea at the time. Because the fig leaf suddenly turned into a hammer the size of which would be hard to replicate in a normal governance setting. Unparalleled destruction with zero regards for the consequences. |
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But if that's the case then just say it.