In Silicon Valley, Founders Fight for Control
online.wsj.com
JULY 11, 2012
Netscape and Opsware, which he helped found, went public with single-class share structures in 1995 and 2001, respectively. We have seen the damage that this share structure can cause over the long run, said Anne Sheehan, head of corporate governance for California State Teachers Retirement System, a big public pension fund.
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