Comment on Canoo spent double its annual revenue on the CEO’s private jet in 2023
olosta@lemmy.world 5 months ago
The CEO leased the jet from himself with company funds? How is that even legal? How can the investors expect to get anything from this company when the CEO is so blatantly sucking the company dry?
onlinepersona@programming.dev 5 months ago
It’s probably legal, but very dumb thing to do if you want to keep investors on board. It should be up to the investors to demand that money back.
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