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by nikanj 242 days ago
Bought out by Broadcom, who realized if you increase prices by 10x and lose 75% of customers, you end with more revenue and less support costs
1 comments

Hock Tan's only goal is to increase stock value. Period. At the expense of anything and everything else, stock value.
That's how he gets paid - increasing short term stock price.

"Show me the incentives and I'll show you the results" - Charlie Munger

aka fiduciary duty
That is absolutely not what fiduciary duty means, unless you missed scare quotes and a /s.