Corporate governance is broken.
$NVDA shareholders would vote Jensen back in a heartbeat but they can't because proxy voting is controlled by a cartel of consultants working for BlackRock, Vanguard, and State Street.
These firms vote YOUR shares without asking YOU.
The system:
→ You own the stock
→ Fund holds it for you
→ Fund outsources voting to ISS/Glass Lewis
→ Consultants vote however they want
→ Your voice = zero
This isn't capitalism. It's a rigged game where retail and even institutional LPs have no say.
We need on-chain voting. Tokenized equity. Real shareholder democracy.
Until then, expect more Jensen situations where the best CEOs get sidelined by people who never built anything.
$NVDA shareholders would vote Jensen back in a heartbeat but they can't because proxy voting is controlled by a cartel of consultants working for BlackRock, Vanguard, and State Street.
These firms vote YOUR shares without asking YOU.
The system:
→ You own the stock
→ Fund holds it for you
→ Fund outsources voting to ISS/Glass Lewis
→ Consultants vote however they want
→ Your voice = zero
This isn't capitalism. It's a rigged game where retail and even institutional LPs have no say.
We need on-chain voting. Tokenized equity. Real shareholder democracy.
Until then, expect more Jensen situations where the best CEOs get sidelined by people who never built anything.