April 4, 2025

BLUE STATE BLUES:

More:

This is becoming worrisome for Delaware, not only because this keeps happening, but also because the companies seem to be coalescing around Nevada. That will make it viable.

I think Delaware’s amendments made a difference, but they may have just come too late in the proxy season after companies had already gone through their processes. The decision to vilify Musk and explicitly deny him the benefit of the law his case inspired probably hurt as well.

Companies like Roblox leaving are the known costs. Then there are the companies that might have incorporated in Delaware but will do so elsewhere due to unknowns about its current business climate.

Posted at 8:38 am by Stephen Green