✉news BusinessStartups first seen 7 h ago, last 29 min ago, peak #15
Matt Mullenweg ousts board that voted to fire him
Original: Matt Mullenweg used his supermajority vote to fire the board that fired him
Matt Mullenweg has used his supermajority voting power to dismiss the board members who had voted to remove him, reversing his own firing in a dramatic show of control. The move underscores how his dominant stake allows him to override governance decisions, and it is drawing attention and criticism from observers of corporate governance in the startup world.
Why now: The rare, dramatic reversal of a board decision by a founder using controlling voting power is striking news in business and tech circles.
Rank over time, top of the chart is #1. 5 snapshots from 5 h ago to 29 min ago.
Evidence
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