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Sorry, I don't understand how this reply relates to my comment. Are you saying that the price bump will keep him on the board? The fear of a drop will keep him
by JamisonM 5y ago
Sorry, I don't understand how this reply relates to my comment.
Are you saying that the price bump will keep him on the board? The fear of a drop will keep him on the board? I can see that, but in the long run the valuation shouldn't be affected unless he is actually a good member of the board.
- tempnow987 5y ago"Can Musk keep his board seat? That is my question, being an unruly character when you don't have full control usually gets you turfed from a board" The short answer was that yes, because investors will believe he will add value and so will keep him on the board. And investors are the ones that decide. Separately, it's possible this was done as part of a non-aggression pact.
- JamisonM 4y agoI guess the short answer was no, since he didn't even get it! I suppose my original point stands!