Phil Shawe has two parallel stories running at once. One is the familiar founder arc: bootstrapping TransPerfect from an NYU dorm room into a global language-and-AI platform with roughly $1.2 billion in annual revenue and 10,000 employees. The other is a political-legal crusade: a decade of trench warfare with Delaware’s Court of Chancery that pushed him to re-domicile in Nevada, relocate to Puerto Rico, bankroll reform efforts, and press a broader case that America’s most famous business court has lost the trust of entrepreneurs. From forced sale to deal machine After a bruising cofounder breakup, a court-ordered auction in 2016, … Continue reading Delaware’s Corporate Crown Is Slipping: How TransPerfect’s Deal Spree, AI Bets, and a Reform Campaign Are Rewriting the Playbook
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