alt Hacker News> Like I would ban controlling share classes.
Any reason why? To be honest, they never sit well with me either, but not sure what my argument would be for banning them. All investors are well aware of what they're putting their money into.
> Like I would ban controlling share classes.
Any reason why? To be honest, they never sit well with me either, but not sure what my argument would be for banning them. All investors are well aware of what they're putting their money into.
I think it pairs with the limited liability. It just isn't good to give unaccountable power to anyone. So it isn't about the investors, its about not letting the thing exist.