Y
Hacker News
new
|
ask
|
show
|
jobs
by
whatever1
260 days ago
Also not clear what their voting power is as at any point the company can just issue infinite more shares.
1 comments
tempestn
260 days ago
The existing controlling shareholders would need to support the issuing of new shares. They would only choose to dilute their own holdings if it were advantageous to do so.
link