You have no voting rights, but if someone wants to buy the company, you do own a piece of it. it's not much different than, say, a 2 person company where one p

You have no voting rights, but if someone wants to buy the company, you do own a piece of it. it's not much different than, say, a 2 person company where one person has the majority vote. The second person's vote is worthless anyhow - but if hte company is sold, they are entitled to their share of the sale.