http://mathewingram.disqus.com/enTue, 29 Apr 2008 13:45:03 -0000http://www.mathewingram.com/work/2008/04/28/multiple-voting-shares-good-or-evil/#comment-392957Totally agree, David.mathewiTue, 29 Apr 2008 13:45:03 -0000http://www.mathewingram.com/work/2008/04/28/multiple-voting-shares-good-or-evil/#comment-392801I absolutely 100% agree with you, Mathew. Once you are in the public market dual class voting shares are ripe with danger. To support them, I think you are implying that you believe in Benevolent and slight Omniscient Founder(s)/Management - that simply is naive. Control in the market system, means delivering 'the returns', not having preferred voting shares. If you are doing well, no one is going to be able to wrestle control from you. <br><br>But, if a take over comes along that is offering a 40% premium to where your stock presently is trading that is a reflection on present management which is performing poorly. Why would you ever want to put MORE votes in the hand of founders and managers that are performing poorly? Who's interests does that serve? It certainly is not the public investor.DdonatTue, 29 Apr 2008 13:14:36 -0000