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With controlling the majority of the votes, other shareholders have no ability to vote out the board. This isn’t about them being on the board. It is about thei
by cowsandmilk 3y ago
With controlling the majority of the votes, other shareholders have no ability to vote out the board. This isn’t about them being on the board. It is about their absolute control of saying who is on the board.
- throwaway09223 3y agoWhy would other shareholders vote out the board? There's no reason to think their interests wouldn't align with Page and Brin. Do you think Blackrock has substantially different motivations? Like, come on.
- danaris 3y agoLet me introduce you to a new concept. I call it "Not Everyone Is Motivated Solely By Money."
- throwaway09223 3y agoYou didn't fully understand the post you're replying to. Is your position that the institutional investors which comprise >60% of GOOG's common shares (eg Blackrock) have a significantly different motivation? Of course not. Don't be ridiculous.