Founder Control
A VC: Musings of a VC in NYC
SEPTEMBER 26, 2019
As I said in this post , I am generally a “one share one vote proponent”, but I have supported founder control provisions in a few companies where I was or am on the board. The founder had a 10:1 supervoting provision and controlled a majority of the board seats. We saw that play out with WeWork this week.
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