3 ms·
> the fiduciary duty of Meta the company This argument for public comapanies needs to be de-bunked. This isn't a real thing, "fiduciary duty" means don't burn
by vineyardmike 5y ago
> the fiduciary duty of Meta the company
This argument for public comapanies needs to be de-bunked. This isn't a real thing, "fiduciary duty" means don't burn money and don't fraud your investors not don't do a slightly-less-shortterm business decision.
Also zuck owns a majority, so even if it was a real thing, if he approves, no other shareholder's opinion on duty matters.