Re:Hype and plunder: Domo a new low for self-indulgent IPOs
by jartelt on Tuesday June 05, 2018 @12:58PM
(#17239629)
Yes, founders always have ownership, but it is not always the case for the founders to own more than 50% of the company after a few financing rounds. Startups that do super well can pull this off, but I think it is safe to assume most normal startups do have super majority voting schemes that give founders total control of the company.
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