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by roenxi 898 days ago
I don't see it. Run me through how this is a conflict of interests; ie who is it in conflict with.

Forbes is suggesting he fronted all the money and put his girlfriend in charge. While I wouldn't call that the highest-success strategy, it doesn't seem like a conflict. Presumably she is competent enough and I don't see anyone involved complaining. Did I miss something in the article?

It isn't a conflict of interest to appoint someone close to you to be CEO. It might be nepotism (read: is), but if someone fronted $100 million to some group then they get to engage in a little nepotism if they think it is a good idea. It is like a small businessman installing his son as 2IC; it isn't a cerebral choice but it is unproblematic.