I see nothing wrong with this. When people bought stock in startup IPO like FB, the core reason is the founder and his vision. There are too many examples in hi

I see nothing wrong with this. When people bought stock in startup IPO like FB, the core reason is the founder and his vision. There are too many examples in history where shortsighted investors have booted out founder to milk the company and through leftover to vultures. I would prefer founder to be protected from this ups and downs. Here's bit of context: Heavily influenced by Facebook’s first president, Sean Parker, they set up Facebook so Mr. Zuckerberg controlled not one, but two board seats. Mr. Parker had been ousted — twice — out of his own companies and was determined not to let the same happen to Facebook’s founder. When Mr. Parker left the company, he gave control of his seat to Mr. Zuckerberg, giving him control of three board seats out of five. “That solidified Mark’s position as the sort of hereditary king of Facebook,” said Parker in The Facebook Effect by David Kirkpatrick. “I refer to Facebook as a family business. Mark and his heirs will control Facebook in perpetuity.” https://christopherming.com/2018/01/zuckerberg-fixes-facebook/ https://christopherming.com/2018/01/zuckerberg-fixes-faceboo...