> as a fiduciary (owner or director of a business) An owner has a fiduciary duty... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		kgwgk on June 11, 2024 \| parent \| context \| favorite \| on: Private Equity–Backed Firm Bowlero Is Ruining Bowl... > as a fiduciary (owner or director of a business) An owner has a fiduciary duty to himself and a director is not the one who sells in the end: owners do.

stevenae on June 11, 2024 [–]

Sorry, by director I meant board. Eg, one empowered to make such a decision, which a disagreeing minority stakeholder might sue over.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact