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wingman43000 t1_iuwrxoe wrote

>Thanks to taking it private, he doesn't have to worry too much about profits

His investors probably feel otherwise

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darthshadow25 t1_iuwt0fk wrote

I thought he took it private, so he owns it in his own name. So he would not have a fiduciary duty to extract maximum profits like he would have if it were public.

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jadero t1_iux3geq wrote

He took it private, but he did so with the help of others. It's not just his money on the table.

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chicagotim1 t1_iuyqg74 wrote

He has other investors who went along with him, but since they joined him, they presumably agree with what he's doing

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