The discussion is drawn from Damodaran $(2022)$ on the governance at Meta, formerly known as Facebook. Damodaran draws on the basic principles of corporate governance and posits the question of whether the push towards legislative regulation of governance and diversity$/$ inclusion at the board level has pushed the Board to irrelevance. $($You do not have to agree with him on these perspectives. Damodaran insists that there is a Life Cycle of Management, especially the fast$-$moving tech industry, and questions whether the Board of Directors of Meta is ineffective due to its unchanging concentration of controlling interests in the hands of the founder. Read Damodaran's perspectives and share your thoughts onThe theory of the Life Cycle of Management in the fast$-$paced Tech industry,The evidence presented on the aggregation of control within Meta Board over the years.The connections between Metas potential lack of competitive vitality, its recent lackluster revenue growth, declining margins, and profitability to its Board structure.And finally, are you convinced by Damodarans argument?