A roundup of the latest from the Nevada Current,
presented with perspective and opinion.

By Hugh Jackson | Editor

Nevada extends lead in race to the bottom. DoorDash Inc. is the latest company to reincorporate in Nevada. As the tech cult "visionaries" at Andreessen Horowitz, and hellhole of a social media site owner Elon Musk before them, argued when establishing official mailing addresses (if nothing else) in Nevada, DoorDash complains that Delaware law is insufficiently subservient to world-historical Great Men who happen to own controlling interest in their companies’ stock.

Sparked in part by the likes of Musk and Andreessen Horowitz fleeing for the coddling comfort of The Nevada Way, Delaware, long the proud poster child for servile bottom-dwelling vis-a-vis business incorporation rules, has changed its laws to be even more wantonly obeisant. However, observes Business Insider...

...the amendments are still new and haven’t been thoroughly tested in court, according to a Tuesday filing from DoorDash, where Chief Executive Officer Tony Xu holds majority voting power. The changes to the law also don’t change Delaware’s “fundamental reliance” on judicial rulings, which can always shift, the company said.

Corporate principles in Nevada, meanwhile, are written into the law. Nevada’s code automatically shields company insiders from liability in many cases and guarantees that courts must assume directors and officers acted in the best interest of the company.

Cool state! Great work everyone.

IN NEVADA CURRENT

Punt. When your opening offer is a study bill, should you maybe rethink your negotiating strategy? Okay, that might be unfair. It could simply be that fixing a perniciously outdated child welfare funding formula just isn't a priority for Nevada legislative Democrats. Sigh. Michael Lyle reports: NV lawmakers mull maternal health protections for ’27 session, punt on child welfare funding fix

"Selling off Nevada’s lands to corporations for a quick buck is like cutting down your house to use as firewood. The warmth of the money will come and then the warmth of the money will go, while our public lands are a resource that will continue to give without end so long as we keep them protected." Guest column from Paulette Stauffer Henriod: Outdoor recreation on public lands is a Nevada economic powerhouse

Sounds messy. “The (AI edtech) market is so overwhelming for districts and for vendors. … Most of them don’t really do much that drives any kind of change for students.” Via Stateline: Schools spend billions on AI, but struggle to figure out what’s worth buying

Another day at the freak show. He subpoenaed reporters in a failed attempt to find out who spilled the beans about why he switched from his Qatar plane to the regular Air Force One, even though he also swore there were no beans to spill. Which is to say he's been lying about all this from the start because, you know, default setting. Oh and as an aside, that "gift" plane from Qatar has cost taxpayers a billion American dollars to remodel. See? There's plenty of money out there, so affordability must be a hoax after all. Of course the cost of that plane is chickenfeed compared to the magnificent centerpiece of the Trump-Republican affordability agenda: a colossally stupid and failed war on Iran. But I digress. There was a third plane ha ha. Via the D.C. bureau: Trump delivered by catering truck from one backup plane to another amid Iran threats

Good Luck

ICYMI

Thanks for reading The Daily Current. Did you know our weekend digest is also free? Sign up here. And if you enjoyed today’s edition, please forward to a friend. Increasing our readership helps us cover more news.