Stanford CIS

Hyperloop founder, accused of nepotism, to cede voting power

on

"Currently, the clause says the company can pay either the fair market value at the time of repurchase or the price paid by the employee, whichever is lower. At the recent meetings, in response to a question from an employee, general counsel Marvin Ammori said the board plans to authorise changes to that provision, according to people familiar with the matter."

Published in: Press