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A real power struggle! How exciting. It goes to show that no matter the structure, when it comes down to it the investors always have the last say.

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Not here when the governance structure the way it is. The board has the last say. Now, there are obviously ways that investors can put pressure on the board and with literally billions at stake I can imagine that happening. Think serious espionage level drama.

Sure, that might be true on paper, but if you have the ability to turn off the money faucet you have a lot of leverage regardless of what the documents say. No espionage drama needed haha.

If you then imagine being dependent on that investor not only because your service runs on their infra but also your biggest enterprise customers use your service through their infra, you are even more incentivised to listen to them..

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