A lot of people getting hooked on the tax part, some on the anonymity part, but don’t underestimate the friendliness of Delaware courts to boards of directors.

A lot of people getting hooked on the tax part, some on the anonymity part, but don’t underestimate the friendliness of Delaware courts to boards of directors. Things like staggered boards, share classes with extraordinary rights, poison pills and so on have all easily passed muster in Delaware and might well not have in a different state.