This podcast episode delves into the role and actions of activist investor Starboard Value in promoting change within companies, specifically its involvement with architecture software company Autodesk. Starboard Value disclosed its $500 million stake in Autodesk and pushed for changes through a letter to the board. The episode discusses the lawsuit filed by Starboard against Autodesk, alleging the withholding of information and suggesting cost-cutting measures. It also explores the influence of Starboard on Autodesk, including potential changes in the board structure and cost-cutting measures. Additionally, the episode touches on the rise of fractional shares and its impact on investor psychology, the importance of prioritizing important work for time management, and the approval of Elon Musk's pay package by Tesla shareholders and its implications for corporate governance.
