Episode Details

Live from the Founder’s Diamond Mine in Botswana, where all diamonds are worth 50 votes per share, it’s an all-new Terrific Tuesday edition of Business Pants. Joined by Analyst-Hole Matt Moscardi! On today’s chocolate-filled summary compensation table called October 22nd 2024: It’s Double Quiz Tuesday, featuring a heartbreakingly mediocre ESG News Quiz and a relatively thoughtful data drop quiz!

Our show today is being sponsored by Free Float Analytics, the only platform measuring board power, connections, and performance for FREE.

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Let’s start with a report that came out a week or two ago that claims Roblox is ?

Bonus question 1: of influence is held by women on the Roblox board?

Bonus question 2: of influence is held by brothers named Baszucki?

Bonus question 3: CEO and co-founder David Baszucki undemocratically controls the pedophilic landscape known as Roblx because his Class B shares are magically worth ?

Roblox’s 2024 proxy statement cites a Trust & Safety Advisory Board comprised of world-renowned digital safety authorities. The company invites shareholders and stakeholders to “learn more about each of our Safety Advisory Board members at: corp.roblox.com/parents/.” Here’s Bonus question 4: Yes or No, Does Roblox list names and qualifications of the members of its Trust & Safety Advisory Board at corp.roblox.com/parents/, in any of its SEC filings, or anywhere else on its corporate website, or anywhere else in the world, including the back on a Chipotle napkin?

As a sidenote, the board’s Nominating and Corporate Governance Committee is tasked with overseeing Roblox’s initiatives related to trust and safety:

The chair of that committee, Anthony Lee, has been on the board since before Obama was president, is the VP at a VC firm called Altos Ventures management that “invests in founders”

Committee member Andrea Wong who serves on the boards of:

media company Liberty Media, which is controlled by billionaire John C. Malone;

Qurate Retail, an American media conglomerate controlled by billionaire John C. Malone; and

Hudson Pacific Properties, a real estate investment trust controlled by Victor Coleman

And committee member Christopher Carvalho, who currently owns options worth about $5 million today based on an exercise price of SIX CENTS.

There’s no real quiz question here: so Bonus Question 5: Do you like this committee?

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And finally, let’s get to executive pay at Roblox:

According to the company’s 2024 proxy statement, of Rolox’s 5 named executive officers are women?

Over the past 3 years, has founder and CEO and chair and majority voting powerman David Baszucki, averaged <greater than or less than> $50 million a year?

Let’s move over to a recent research report from Russell Reynolds called Gender Diversity in the C-suite: Women’s representation in the 2024 S&P 100

Just to put the collective power of the S&P 100 into perspective, what is the market cap of the S&P 100?

What is the market cap of the entire S&P 500?

In 2022, women held 12.2% of the ~15,000 C-suite positions across publicly traded U.S. firms. At the end of 2023, what  was thi