4 ms·

> That the board took this action without consultation with key investors is madness. It's a non-profit board, yea?

• layer8 3y ago
  They created the for-profit subsidiary for the express purpose of raising more investments.
  • potatopatch 3y ago
    But the CEO that was done under was not sufficiently candid with the board.. I think they realized they have some risk being only a technicality that does whatever the CEO and Microsoft tell them is aligned with their mission.
  • bmitc 3y ago
    The they in this sentence refers to the CEO the board just fired and not the board.