INSUBCONTINENT EXCLUSIVE:
to future generations of Neumanns, too, says Business Insider.The outlet reports that in a speech Neumann gave to employees in January of
Though many public shareholders may not realize as much, a growing number of tech founders enjoy the kind of dual-class shares that Neumann
throughout their lifetimes, but whose power can be passed down to their children, too.We wrote about this very issue as a kind of
hypothetical last month, quoting SEC Commissioner Robert Jackson, a longtime legal scholar and law professor, who told an audience last year
or 10 years, or even 50 years
But not every company has such apparent flaws, and Neumann could have made himself a lot harder to shake than he did
In fact, the broader question the video raises is whether anyone will step in to stop the broader trend, or if public market investors will
Giving founders super-voting shares for some period after transitioning onto the public market, we can understand
Giving founders so much power that their kids call the shots of these publicly traded companies? Now that is crazy.
