this post was submitted on 22 Nov 2023
123 points (100.0% liked)
Technology
37735 readers
55 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I think most people don't realize how unusual their company structure is. It feels like it's set up to let them do exactly that. As far as I can tell, once you look past the smoke and mirrors, the board effectively controls both the non-profit and the for-profit.
I think the outcome of the last few days is that the nonprofit board controls nothing and serves at the pleasure of the for-profit company's investors.