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Why do you assume he'll be running the company? I assumed he would appoint a new CEO and just participate on the board.
by dudus 4y ago
Why do you assume he'll be running the company? I assumed he would appoint a new CEO and just participate on the board.
- AlexandrB 4y agoIf he just wanted to participate on the board he could have stuck with his 10%. It definitely seems like he's looking for a more hands-on role than that.
- dudus 4y agoHe just has a different kind of decision power by owning 100% of a private company. But he doesn't need to be involved on day to day operations and can appoint a CEO to do his bidding.