4 ms·

Not shell companies but made me remember They Rule…! https://theyrule.net https://theyrule.net

by agys 3y ago

bluerooibos 3y ago
Jesus. Perhaps showing my ignorance but I'm surprised by the amount of overlap these board members have across major companies.
- tristor 3y ago
  They Rule is outdated, but the unfortunate truth is that there's been even more consolidation since it first went online. This is partly due to the consolidation of liquidity through institutional investors. It's one of the consequences of passive investment strategies being dominant among retail investors.
- bozhark 3y ago
  Companies, state dept., politicians, revolving door
- ensignavenger 3y ago
  Some of these people are investors or represent investor groups. As such, the group they represent will own stakes in multiple companies, and often have board seats on many of the companies. Others will be an top executive at one company, and also serve on the board as an advisor of a few other, non-competing companies (usually non-competing). Those are probably the most common scenarios where some one would serve on multiple boards.
  - poorlyknit 3y ago
    Does that change anything though?
    - ensignavenger 3y ago
      I am not sure what the concern is in the first place, so I am not sure if it changes anything or not. I was just adding my own perspective on the situation.
    - refurb 3y ago
      Sure. If Vanguard has board seats it wouldn’t be odd for that person to sit on lots of boards of companies Vanguard invests in.
- mdekkers 3y ago
  It’s a big club, and you ain’t in it! https://m.youtube.com/watch?v=Nyvxt1svxso https://m.youtube.com/watch?v=Nyvxt1svxso
tennisflyi 3y ago
Just like those Reddit power mods
VirusNewbie 3y ago
I did the apple board and the majority of people weren't on any other boards...
- er4hn 3y ago
  This data appears to be 2021 top 100 companies. Lisa Su is solely listed as a board member of Cisco for example, since AMD had yet (I think?) to eclipse Cisco's market cap at the time.
pksebben 3y ago
holy cow. This is one of the best writeups[1] of "the mess" I've ever seen. Thanks for sharing. 1 - https://theyrule.net/so_what https://theyrule.net/so_what
- hirsin 3y ago
  I felt it quite underwhelming, until I realized it only looked at a handful of companies. Somehow only three of Microsoft board are on other boards? Wow, how puritan of them! Ah, not quite...
  - pksebben 3y ago
    I'm with you - it would be better with more data (and the creator has stated he wants to expand to 500 companies, apparently that used to be the number prior to the most recent update which was a while ago). It's the writeup he has in the "why" section that blew me away. A very sober and deep analysis of why we are where we are and what might be done about it.
stemlord 3y ago
Has this been updated? I thought it stopped functioning several years ago

Not shell companies but made me remember They Rule…! https://theyrule.net https://theyrule.net

by agys 3y ago

Not shell companies but made me remember They Rule…! https://theyrule.net https://theyrule.net

Jesus. Perhaps showing my ignorance but I'm surprised by the amount of overlap these board members have across major companies.

tristor 3y ago
They Rule is outdated, but the unfortunate truth is that there's been even more consolidation since it first went online. This is partly due to the consolidation of liquidity through institutional investors. It's one of the consequences of passive investment strategies being dominant among retail investors.
bozhark 3y ago
Companies, state dept., politicians, revolving door
ensignavenger 3y ago
Some of these people are investors or represent investor groups. As such, the group they represent will own stakes in multiple companies, and often have board seats on many of the companies. Others will be an top executive at one company, and also serve on the board as an advisor of a few other, non-competing companies (usually non-competing). Those are probably the most common scenarios where some one would serve on multiple boards.
- poorlyknit 3y ago
  Does that change anything though?
  - ensignavenger 3y ago
    I am not sure what the concern is in the first place, so I am not sure if it changes anything or not. I was just adding my own perspective on the situation.
  - refurb 3y ago
    Sure. If Vanguard has board seats it wouldn’t be odd for that person to sit on lots of boards of companies Vanguard invests in.
mdekkers 3y ago
It’s a big club, and you ain’t in it! https://m.youtube.com/watch?v=Nyvxt1svxso https://m.youtube.com/watch?v=Nyvxt1svxso

tennisflyi 3y ago

Just like those Reddit power mods

VirusNewbie 3y ago

I did the apple board and the majority of people weren't on any other boards...

er4hn 3y ago
This data appears to be 2021 top 100 companies. Lisa Su is solely listed as a board member of Cisco for example, since AMD had yet (I think?) to eclipse Cisco's market cap at the time.

pksebben 3y ago

holy cow. This is one of the best writeups[1] of "the mess" I've ever seen. Thanks for sharing. 1 - https://theyrule.net/so_what https://theyrule.net/so_what

hirsin 3y ago
I felt it quite underwhelming, until I realized it only looked at a handful of companies. Somehow only three of Microsoft board are on other boards? Wow, how puritan of them! Ah, not quite...
- pksebben 3y ago
  I'm with you - it would be better with more data (and the creator has stated he wants to expand to 500 companies, apparently that used to be the number prior to the most recent update which was a while ago). It's the writeup he has in the "why" section that blew me away. A very sober and deep analysis of why we are where we are and what might be done about it.

stemlord 3y ago

Has this been updated? I thought it stopped functioning several years ago