3 ms·
Describing Apple's situation as its "vision" or "strategy" is misleading. Apple required significant prodding to get to the point described in the article. A pu
by raleighm 9y ago
Describing Apple's situation as its "vision" or "strategy" is misleading. Apple required significant prodding to get to the point described in the article. A public company without a dual voting structure can only resist shareholders so much. It's hard to imagine that if Apple were incorporated today that the founders wouldn't have wanted to retain significant control. In any case, even with a dual structure, founders owe fiduciary duties to other shareholders; they can't do whatever they want.
Also, these are not "alternative models of capitalism". These are alternative models of public company corporate finance - a much narrower discussion.