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10 sats \ 3 replies \ @nym 11 Jan 2025 \ on: The Cost of Facebook’s Now-Repudiated Censorship Politics_And_Law
The letter or whatever it is is just saying that Zuck and Meta must be responsible for fudiciary duty to increase the shareholders investment as much as they reasonably can. I would question the 2% in BTC, though. They could reasonably go to a higher percentage without taking on too much risk.
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Good analysis, I wasn’t sure what to make of it
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They are only doing what they are supposed to do. If they didn’t do it, they could be removed from the board for malfeasance.
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