Gurley highlights Texas law codifying business judgment rule to prevent opportunistic legal claims against companies.
“This put a hard line and said, no. You're supposed to you can't hop around the business judgment rule.”
“Time to head to Texas or Nevada. Staying is adding unnecessary risks for your shareholders. You should act in your shareholders best interest and flee Delaware. Delaware is no longer consistent. They are targeting companies they don't like. https://t.co/ojEnbYOu5o”