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by antr
4483 days ago
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Wouldn't that be, to some extent, a conflict of interest? Given that the other shareholders who have paid for WhatsApp want to get a return on their investment, the Board Member who has benefited from the sale is blocking existing shareholders from benefiting from such acquisition. Lets remember that as a board member he has a fiduciary duty to FBs shareholders, and that means making sound ($) decisions. |
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I'm not saying that he would. Or that he could convince enough of the Board that this is the case. But he could.