You're all arguing as if TFA was about the board overpowering the CEO, whereas i... | Hacker News

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		moralestapia 21 hours ago \| parent \| context \| favorite \| on: Automattic has a new board after failed attempt to... You're all arguing as if TFA was about the board overpowering the CEO, whereas if you read (even) the title, the reality is that they couldn't do anything, zilch.
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FreakLegion 20 hours ago [–]

We're talking about the question that spawned this thread:

> what is even the purpose of a board in a multi-class share structure with the founder holding above 50% voting shares.

This is a question about governance in general. The details of what happened at Automattic are irrelevant.

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