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Open original source ↗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.
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🚨 JUST IN: DoorDash is leaving Delaware for Nevada. Stockholders controlling 54.2% of DoorDash’s voting power have approved the reincorporation, including cofounders Tony Xu, Andy Fang and Stanley Tang. The board unanimously backed the move. DoorDash pointed directly at Delaware’s “surprising” court outcomes and increasingly litigious environment, saying Nevada offers a more predictable, statute-based legal system. A major founder-led tech company just made the DExit case in its own SEC filing. https://t.co/iGTzgGKQgw
LeaveDelaware ↗