In Silicon Valley, Founders Fight for Control
online.wsj.com
JULY 11, 2012
In the 1990s Internet boom, easy money helped founders maintain more control early in a companys evolution, but founder CEOs without voting control often got replaced by a professional manager ahead of an IPO. ignited the current trend by adopting a dual-class voting structure before its IPO in 2004. Message Center ( new). ↓ More.
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