I was just reading this article: http://ift.tt/2ou7zU1 (no-paywall copy here: http://archive.is/dPEP3)
The gist of it is that its increasingly common for tech IPOs to offer limited/no voting rights for normal shareholders. Now, I can imagine most retail investors by definition wouldn't own enough shares to have a meaningful voice in a vote. However, does this lack of voting rights present some new risk that isn't obvious? Does it just reduce the chance of "activist investors", hostile takeovers, and such? And is this a win or a loss for small investors?
Submitted April 03, 2017 at 02:55PM by Frito_Pendejo_esq http://ift.tt/2oRI8Z3
