There is one thing i have been wanting to ask for a long time. I might be completely wrong but please help me clear my doubt.
In a recent interview with BQ Dr Chava said Laurus bought a 26% stake in a cell n gene startup. And at the same time the management ‘personally’ invested their own money in the same startup - to show that the management has skin in the game and they are not misusing Laurus’ money.
But isnt this a conflict of interest case where the company’s money will help the startup grow and then when the startup grows, this will in turn also be personally beneficial to the management as they invested personally also?
3 Likes