Navigating Stock Valuation and Board Dynamics

This chapter explores the complexities of stock valuation and the decision-making processes within corporate boards during potential acquisitions, particularly focusing on Twitter's situation. It highlights the principal-agent problem, the cultural power of board members, and the need for significant stakeholders to enhance accountability and governance. The discussion underscores the importance of aligning board motivations with shareholder interests to effectively manage company strategy amidst challenging market conditions.