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Would it make you feel any better if Huawei was owned 100% by a 27-year old college dropout wearing a hoodie? Honestly. I find it hard to see the big problem h
by chvid 7y ago
Would it make you feel any better if Huawei was owned 100% by a 27-year old college dropout wearing a hoodie?
Honestly. I find it hard to see the big problem here. Huawei is run by Ren Zhengfei, who is also the public face of the company, and besides running its daily operations also formally has veto rights.
Then there is a share scheme running through a union where the shareholders have no practical say but get a share of the company dividends. These shares are good enough for employees to take loans in and the issuance of shares has been a way for Huawei to finance itself.