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Which should have been a bluff (board members typically have "director's insurance" to cover exactly this scenario - trying to control a company by threatening
by gwern 2y ago
Which should have been a bluff (board members typically have "director's insurance" to cover exactly this scenario - trying to control a company by threatening to pierce the corporate veil and sue board members individually) but shows you what sort of tactics were being employed by the Altman side. cf. Sutskever's flipping