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The companies' CEO's are related. My conspiracy theory is that they don't want to step on each other's toes. Not sure if that works with fiduciary duty, though.
by gukov 2y ago
The companies' CEO's are related. My conspiracy theory is that they don't want to step on each other's toes. Not sure if that works with fiduciary duty, though.
- arendtio 2y agoI searched for it and found this (in case someone else might want to read it): https://www.tomshardware.com/news/jensen-huang-and-lisa-su-family-tree-shows-how-closely-they-are-related https://www.tomshardware.com/news/jensen-huang-and-lisa-su-f...
- anticensor 2y agoIt does not conflict. Fiduciary duty for a for-profit organisation is not "profit at all costs", it's "you have to care about the company (care), you have to do good business (good faith) and you can't actively waste investors' and shareholders' money to intentionally lose out (loyalty)". If they are found colluding due to nepotism, both will get a very swift revocation of business licence and a huge prison term. Remember they are just one step of kinship away from presumed collusion.