2min chapter

Acquired cover image

The Lean Startup and the Long-Term Stock Exchange (with Eric Ries)

Acquired

CHAPTER

Is There a Role in Governance?

A mutual fund manager was shorting Disney stock. He said he didn't understand why anyone would care about the company's strategy. The firm had a policy that if they get a proxy, they must vote for it. A lot of long-term investors don't want to be involved in corporate governance.

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