this post was submitted on 23 Jul 2023
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I think you are looking at it kind of wrong, in that: with a savvy board, the first savvy thing they would do, would be to guarantee their own self-benefit, going head first into a conflict of interest... meaning you can't have a project like that driven by a savvy board, instead you need an altruistic, idealistic, etc. board... but then, a non-savvy board, would be much likely to just squander the money, or get swindled out of it, so... I don't think a project like that would ever work as expected.
Fair enough. It's a two-edged sword.