3 ms·
Absolutely true. Cook is an officer of the company, and has a responsibility to the company itself; and the current incentive structure that Apple operates in d
by jfb 1mo ago
Absolutely true. Cook is an officer of the company, and has a responsibility to the company itself; and the current incentive structure that Apple operates in dictates a drive towards rents. Change needs to be exogenous, but there is a certain amount of pushback that even a fiduciary can use, and the evidence here is, to me, damning.