5 ms·

While I can see how this could hurt his future employment prospects what legal ground is there to sue over this post? Seems like slander would be a very hard c

by cracell 11y ago

While I can see how this could hurt his future employment prospects what legal ground is there to sue over this post? Seems like slander would be a very hard case to win and what else is there that you could sue him for?

amyjess 11y ago
Breach of fiduciary duty. If you're an executive, diluting your shareholders is extremely illegal.
- onedev 11y ago
  He's not an executive anymore...
  - amyjess 11y ago
    What does that matter? He's talking about actions he says he committed when he was CEO. He could get himself, Sam Altman, Alexis Ohanian, and Steve Huffman all sued for fucking over Conde Nast (i.e. their own shareholders).
nostrademons 11y ago
Yishan was a member of the PayPal mafia and started working as an eng director at Facebook in 2005, so it's very likely he has F-U money already. This is someone actually exercising the "F-U" part. I also don't really see what there's grounds to sue on - pretty much all of business is based on taking advantage of undervalued assets and changing control of them so they can be better utilized. Framing it as a long con won't make any friends at Conde Nast, but all the moves at Reddit have (to my knowledge) been by-the-book, legally.