2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E93: Twitter whistleblower, cloud security vulnerabilities, student debt forgiveness & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Is the CEO of Twitter in Breach of Their Duty of Care?

Friedberg: There's two tests. One is the materiality of what they've reported. So and really that comes down to just the end out reported numbers. The other one is the duty of care responsibility of the board, meaning did the information that he's providing actually find its way to the board? Friedberg: If it was blocked by management, you know, it's a judgment call on whether or not management was trying to deceive or whether they were trying to investigate and identify more.

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