4 ms·
> I think there is something to increasing voting preference based on tenure of shareholding. Giving more control to longer-term shareholders leads to long term
by Chaebixi 10y ago
> I think there is something to increasing voting preference based on tenure of shareholding. Giving more control to longer-term shareholders leads to long term thinking aim governance.
While I like any idea that would encourage longer-term thinking, wouldn't the founders be the longest-term shareholders with the most voting power, in this case? So, many of the problems of super-voting shares would still apply?
- tyre 10y agoThat's why there should be a max. So, for example, you get one vote per year up to a maximum of five votes. Anyone holding a share for longer than that (6, 10, 100 years) gets the same 5 votes per share.