Thread

1. flerchin · 1790439254 · focus · HN ↗

   It says he has 84% of the voting shares. Is there any possible way that the board could have been successful? Regardless of Mullenberg, (and I know he's controversial) a coup that is pre-ordained to fail seems like value destroying negligence.

   1. jordanb · 1790439445 · focus · HN ↗

      They could have known they wouldn't succeed but they could have decided their fiduciary duty requires them to either try or resign.

      1. flerchin · 1790525473 · focus · HN ↗

         Yeah if they know they can't succeed, then imo they have a fiduciary duty to not try. Which only leaves resigning.

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