alt Hacker NewsThis isn’t a case of being punished for doing the right thing. The right thing is retaining control of your own company and doing so is not “authoritarian”.
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Sorry but IMO this sort of company structure should not be allowed. Private companies should not be able to issue stocks the way Zuck & Elon have. Pull Meta’s charter and redistribute their assets. Let that serve as a notice to Elon that he’s next.
No, it's a case of consequences for making incredibly poor personal decisions while being in a very visible position in a very visible company.
The man is smart enough to know he was playing with fire, and he got burned. The literal definition of FAFO.
To be honest, I don't know how to succinctly tell you that this is a bad take. For starters, that company has hoovered enough tax money that we should all be on the board. Secondly, encouraging family feudalism is crazy if you even claim to be a supporter of capitalism and the free market. Thirdly, you're not a tech baron and never will be, especially if you can't trust that your investments are concerned with your interests and goals due to CEO exceptionalism. Just saying. If he was a judge, he would be disbarred. This company wants to be a stupid percentage of our GDP, so they're gonna have to suck it up and hold themselves to the standards of a public office.
why do you believe this is true?