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> The argument for allowing a small set of founders complete control over their boards is the same one to be made for enabling benevolent dictatorships. To me
by bjornsing 10y ago
> The argument for allowing a small set of founders complete control over their boards is the same one to be made for enabling benevolent dictatorships.
To me it feels like this is often the underlying (mis)understanding in articles like this one: "It's dictatorship; dictatorship is bad!". Well, I guess it's obvious to most here, but let me say it anyway: Companies are not democracies, they're not meant to be, and there's a hell of a difference between Travis clinging to power in Uber and say The Donald doing the same, but in the White House.