Evan Epstein

Delaware's new corporate law passed a major test. Cloudflare's recapitalization didn't.

VC Laster largely upheld Section 144's protections but blocked the deal over concerns about the special committee's good faith.

Read more in my latest newsletter: evanepstein.substack.com/p/cloudflare-d…

Brian Chesky’s $100 million gift to San Francisco parks is a perfect example of why Prop 40 is such a terrible idea. The Bay Area should be attracting more successful people who invest in their communities, not driving them away!

The NVIDIA Board of Directors statement nvidianews.nvidia.com/news/statement…

The statement / A Message to Our Company nvidianews.nvidia.com/news/a-message…

The separation was cemented when Botha took up a role on the board of Elon Musk’s SpaceX in June without first informing [them]. He didn’t ask compliance, he didn’t get sign off from the partnership,” said one of the people familiar with the situation.
Botha’s appointment limited Sequoia’s ability to trade its roughly $20bn SpaceX stake, because in a partnership, “it’s assumed that if one person knows [confidential financial information], every partner knows.”