Yes — since the first week of the crisis, Nick and Will have been recused from the relevant discussions / decisions on the boards of both EV entities to avoid any potential conflict of interest. Staff in both EV entities were informed about that decision in mid-November.
My suspicion is that FTX fallout may be the defining issue of EVF’s corporate governance for the next few years, so having nearly half the board recused ain’t ideal but is certain better than non-recusal.
Yes — since the first week of the crisis, Nick and Will have been recused from the relevant discussions / decisions on the boards of both EV entities to avoid any potential conflict of interest. Staff in both EV entities were informed about that decision in mid-November.
Thanks, Howie. That is reassuring.
My suspicion is that FTX fallout may be the defining issue of EVF’s corporate governance for the next few years, so having nearly half the board recused ain’t ideal but is certain better than non-recusal.