Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
freejazz
on Oct 31, 2022
|
parent
|
context
|
favorite
| on:
Musk’s inner circle worked through weekend to ceme...
The board decided to sell, not the C-level suite because they do not have that power.
rst
on Oct 31, 2022
|
next
[–]
Parag Agrawal, as CEO, was also a member of the board. (This is pretty common practice, among both private and public companies.)
iav
on Oct 31, 2022
|
prev
[–]
The C suite has an incredible amount of influence to block a deal with a non-strategic acquirer like Elon. The threat of all executives resigning en masse can knee cap a business.
freejazz
on Oct 31, 2022
|
parent
[–]
That's true, but it wasn't the question.
smcl
on Oct 31, 2022
|
root
|
parent
[–]
What was the question? I don’t see any
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: