The board seat was granted in tandem with a guarantee from Musk that he will lim... | Hacker News

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		divbzero on April 5, 2022 \| parent \| context \| favorite \| on: Elon Musk to join Twitter’s board of directors The board seat was granted in tandem with a guarantee from Musk that he will limit the number of voting shares he amasses. I don’t think it’s an uncommon arrangement when an outside investor joins the board.

paxys on April 5, 2022 [–]

It's a standard clause for anyone getting into any relationship with a company. Your own employee agreement probably has a similar one.

Ultimately if he does want to buy more he can resign from the board with one Tweet.

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