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by georgeecollins
1592 days ago
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Dual class shareholder companies are a terrible idea. Even if you believe one person should have more control for the owners, does it really make any sense for that person's heirs to have more control? People only accept it because the management has power over short term investors (VCs, people who buy the IPO) and the long term investors-- pensions, mutual funds (aka little guys) get stuck with it. |
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