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He gave up legal control of the company in order to get investment money. It's most likely that the board of directors controlled the company, and the investors

• StavrosK 16y ago
  Oh, I see, thanks. So, as I understand it, he had just one vote on the board, and thus couldn't veto the decision. Thanks for the clarification.
  • davidu 16y ago
    Something like that... :-)