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> It's unusual to try to pull that off when you're unprofitable. It may be unusual, but to me it seems even more important to have uncontested control when the
by jgalt212 10y ago
> It's unusual to try to pull that off when you're unprofitable.
It may be unusual, but to me it seems even more important to have uncontested control when the common shareholders may be angry.
- Animats 10y agoHere's what that looks like. Twitter's stockholder meeting was yesterday.[1] The stock is down 80%, Twitter is losing money, even Instagram now has more users, and the shareholders are very angry. Twitter (TWTR) only has one class of stock. But so far, there hasn't been a major effort to oust Dorsey. [1] http://www.ibtimes.com/twitter-inc-twtr-shareholders-meeting-jack-dorsey-says-world-needs-twitter-2374215 http://www.ibtimes.com/twitter-inc-twtr-shareholders-meeting...