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What about Blackrock? Their representatives sit on many boards in a single industry. Same with large VCs. It's not as structured as unions, but each board is no
by AlexandrB 3y ago
What about Blackrock? Their representatives sit on many boards in a single industry. Same with large VCs. It's not as structured as unions, but each board is not a completely independent entity either.
- MrBuddyCasino 3y ago> What about Blackrock? This is actually a good point, and is detrimental for similar reasons: concentration of power, reduction of competition and increased fragility of the whole system ("too big to fail").
- sroussey 3y agoActually, BlackRock is incentivized to have the whole system be healthy.