this post was submitted on 24 Feb 2025
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[–] Virkkunen@fedia.io 9 points 10 hours ago (2 children)

Leaving the board of directors is pretty much as giving up ownership rights. He has nothing to do with Bluesky anymore and he makes us sure he doesn't want to.

[–] Knock_Knock_Lemmy_In@lemmy.world 8 points 8 hours ago (1 children)

Leaving the board of directors means no day to day control, but he could still exert influence on a shareholders vote.

[–] Natanael@infosec.pub 2 points 2 hours ago

He's not a shareholder, and also it's a public benefit corporation so shareholders have less power over the board

[–] finitebanjo@lemmy.world 9 points 9 hours ago

It means he doesn't directly manage it. Proof that he sold his ownership to somebody else would be evidence of giving up ownership rights.