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In theory, the board. The board represents investors. And usually the big investors will have a seat on the board. The board should have intervened here.
by nostromo 7y ago
In theory, the board.
The board represents investors. And usually the big investors will have a seat on the board.
The board should have intervened here.
- driverdan 7y agoThat's my point. The LLC owners / WeWork shareholders should have recused themselves due to conflict of interest and the board should have shot it down. This seems really sketchy to me, an end run to get money out of the company.
- lancesells 7y agoDefinitely seem sketchy and should give some people second thoughts about investing.
- tempestn 7y agoAh, yes, in that case I agree. I thought the parent comment was referring to an agency like the SEC.