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A comment on Jack Dorsey’s 28.3% Square ownership gives him 75% control.. Parent comment

Re:Jack Dorsey’s 28.3% Square ownership gives him 75% control. by ddlatham on Wednesday June 20, 2012 @09:29AM (#4136832)
Consider the case of a company with 3 shareholders.

  A has 49%
  B has 49%
  C has 2%
When an important vote comes up, C's vote is just as important as A or B.
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Re:Jack Dorsey’s 28.3% Square ownership gives him 75% control. by TravisDirks on Wednesday June 20, 2012 @09:37AM (#4136870)
Bingo! I call this the Crazy Uncle Charlie example:).

One tiny correction: when any vote, important or otherwise, comes up C's vote is just as important as A or B.

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