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269 points rntn | 1 comments | | HN request time: 0s | source
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renegade-otter ◴[] No.41888004[source]
But the shareholders have been taken care of, right? Is the sacred shareholder OKAY?

Never mind that a famed company has been dismantled to pump the stock for a few years (and how long it took is a testament to its former excellence).

https://www.amazon.com/Flying-Blind-Tragedy-Fall-Boeing/dp/0...

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throw4950sh06 ◴[] No.41888008[source]
What do shareholders have to do with it? Why are they so different from shareholders of Microsoft, Apple, Google, Facebook...? Do you really think they are happy now? No-damn-body would trade enormous future profits from one of the biggest opportunities of the future for some measly one-time millions today, in today's dollars. Space industry is going to produce many trillionaires.
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tjpnz ◴[] No.41888028[source]
This is the company which famously asked its engineers to put the shareholders at top of mind when making all of their decisions.
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throw4950sh06 ◴[] No.41888038[source]
So what? That doesn't mean anything. The shareholders didn't say this, the management of the company did.
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mensetmanusman ◴[] No.41888063[source]
The shareholders are supposed to fire management when they are being stupid.
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throw4950sh06 ◴[] No.41888069{4}[source]
It's not that easy with such a big company. Look at Tesla and Musk. A management-aligned board can put a stop to many things the shareholders would like to do.
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1. amanaplanacanal ◴[] No.41888130{5}[source]
Since the shareholders elect the board, I guess there might be a lesson for democracy in here too.