What control can't be abdicated? Like, why can't it just be a contract that says "this new VC firm gets x% of stock (and so x% of future dividends), but the sto

What control can't be abdicated? Like, why can't it just be a contract that says "this new VC firm gets x% of stock (and so x% of future dividends), but the stock has no voting rights"? (It doesn't make much sense to me that selling under these circumstances makes the stock feel cheap while throwing the stock in the trash bin doesn't. But I'll take your word on the psychology.)