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Got it, I can buy into the argument that pro-rata voting rights would lead to better performing companies than founder-controlled companies (in the long run and
by smallgovt 10y ago
Got it, I can buy into the argument that pro-rata voting rights would lead to better performing companies than founder-controlled companies (in the long run and on average).
But, I don't see any reason why founders should be obligated to give away voting rights.
In other words, I would argue that if founder CEO's want that level of control, they SHOULD get it.
It's sort of weird to even phrase it as "get it". They already have it by default, and I don't see why we should have any right to force them to give it away.