Comment
Comment by throwaway744678
Well it's a bit like trying to "have your cake and eat it": if you want to run a family company, fine, but you can't ask the markets for capital and yet keep the control!
Those dual class of shares have always seem odd to me; I mean, I kind of understand the point for your average young startup - where the voting power somehow represents the risk everyone took, and you don't want to destabilize the company.
For a mature company, the justification is less clear.