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I thought he already gave up the majority voting power a few weeks ago when trying to salvage the IPO. Does he still have that power?
by malandrew 7y ago
I thought he already gave up the majority voting power a few weeks ago when trying to salvage the IPO. Does he still have that power?
- detaro 7y agoIndeed, I apparently misread that. So probably still influential, but not majority.
- wastedhours 7y agoHe still has outweighted voting rights on his shares I think, but now at a non-majority level by the seems of it (I think the old model was 10 votes per share vs most other shareholders 1).
- malandrew 7y agoYeah, looks like it is now 3:1.