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A significant number of publicly traded companies — and not just new ones in tech - are tightly controlled by founding shareholders who have special shares. Thi
by ttul 5y ago
A significant number of publicly traded companies — and not just new ones in tech - are tightly controlled by founding shareholders who have special shares. This is not an unusual practice even for public companies.
I don’t think there’s anything wrong with taking your company public and retaining troll through special shares. Anyone who is able to do that massive built a pretty great company, otherwise the market would not support it.
- bradleyjg 5y ago> Anyone who is able to do that massive built a pretty great company, otherwise the market would not support it. In a normal market, I suspect many of these would not be supported, or would at least have to take a big discount to PE. But we are in the era when money pours into doge coin. You can’t conclude anything in such an environment.