Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
belenos46
on Dec 19, 2018
|
parent
|
context
|
favorite
| on:
With trust destroyed, Facebook is haunted by old d...
Pretty sure Travis didn't. IIRC he had the single largest bloc of voting rights (~18%), but that can still be overruled.
~58% (Zuckerberg's share percentage) can't be ousted no matter how the other voting shares vote.
anticensor
on Dec 19, 2018
[–]
He could be sued out of excess (exceeding his proportion of shares) voting rights by beneficiary action. This is a public company, remember your fiduciary and beneficiary rights.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
~58% (Zuckerberg's share percentage) can't be ousted no matter how the other voting shares vote.