Conversation

Marc Benioff
@Benioff
Unfortunately, some CEOs are myopic & believe that they have a fiduciary duty to shareholders alone, with little responsibility to the communities in which they do business. Business Is The Greatest Platform For Change. Homeslessness is Everyone’s Business! Vote Yes on C!
Image
9
19
125
Sean Doherty 🇺🇦
@Sean_M_Doherty
This problem does adversely affect fiduciary duties of companies to shareholders. When employees refuse to visit their #sf office because they don't feel safe, it's bad for business. I know #propc isn't perfect, but it's more than a great start! Nice job Marc!
1
Jesse Powell
@jespow
It's not necessarily bad for business. More people going remote actually be good for business. But speaking of fiduciary duties, shareholders will be asking about strategies to minimize the impact of C, if it passes, including relocation, diversion of revenue to a foreign entity.
1
Sean Doherty 🇺🇦
@Sean_M_Doherty
Sorry let me elaborate. When you have employees in Sydney or London or NYC and they “need” to come to SF for some reasonable business activity but they refuse because they don’t feel safe (I know of these situations) I’d suggest it’s bad for business.
1
1
Jesse Powell
@jespow
Then business would be naturally incentivized to clean up the problem and it wouldn't need to be done at gunpoint.
@benioff
is saying that it's a big enough problem for Sales/Dreamforce but why should other businesses subsidize the solution to his problem?
2
Jesse Powell
@jespow
Don't know where you read that but if you're a shareholder, employee or client of any of these qualifying businesses, you will be affected.
1