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The Poison Pill, The State of Streaming and Guest William D. Cohan
Pivot
What Is a Poison Pill?
A poison pill essentially blocks anyone from acquiring more than a certain stake. The board doesn't own a lot of share now, do they use twitter a lot? That is a really telling sign that maybe they're not great feduciaries for other shareholders or their users when they don't use it and they don't own shares. And also, to lan's credit, the a really fair criticism is accountability should be linked to ownership,.
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