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by llmguy 427 days ago
The ceo likely has more voting shares alone. The issue for a cashflow negative business is attracting new money.
1 comments
danjl 427 days ago
It is exceedingly rare that voting shares play a role in any of these decisions. When you need cash to pay salaries, the decision lies in the hand of the stakeholder with the cash, not the shares.
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llmguy 427 days ago
Like I said, if the business is cashflow negative the issue is attracting new money.

I think you’re going a little far with absolutes on your reply but it’s not really relevant anyway.

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