Benchmark literally broke corporate governance of public companies with multi-decade ramifications and Bill is still harping over one day pops? For enduring public companies, the IPO pop is a historic afterthought relative to the societal & economic value added post IPO.https://twitter.com/bgurley/status/1174828052175417344 …
>Benchmark literally broke corporate governance of public companies with multi-decade ramifications How do I learn more?
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We can grab coffee next time I'm in town. Here's one. SNAP's no vote structure triggered huge push back & led to indices banning dual class from indexes. Benchmark was so hellbent on taking SNAP public it changed how indices treated multi-class cos. https://corpgov.law.harvard.edu/2017/08/02/snap-decision-leading-index-providers-nix-multi-class-shares/ …
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