Tobias, there's a good chance they don't realize what they're getting into. When they do eventually come to that realization, it might be too late.
It's also worth noting that, at least according to my own understanding, there's no way to enforce that fiduciary duty. Meta is set up such that Zuckerberg can't be fired against his will no matter how badly shareholders want him gone.
@grishka @dansup They know what they're doing, and it will go in one of two directions. Either they succeed, or they fail, in which case they shut it down before it causes them any harm. You don't become the biggest social media platform in the world by accident.
Fiduciary duty is not a matter of employment, it is a matter of law. In Florida, where Meta is incorporated to my knowledge, executives and board members have a fiduciary duty.