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I agree, but I think this reveals how dual class voting structures lead to market failures which is already well studied. The founders believe he is 1% better,
by whimsicalism 3y ago
I agree, but I think this reveals how dual class voting structures lead to market failures which is already well studied.
The founders believe he is 1% better, but what do the markets believe?
- bobthepanda 3y agoI mean, nobody has really solved succession planning in any industry, and tech is still quite young. And the markets often guess wrong about which successors will do well. See: Disney and its failure to get a decent successor to Bob Iger