CFI Pinterest Voting Rights and Control Problem
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this is the problem: calculate the percentages of company value and votes (control) held by Class A and Class B shareholders at Pinterest’s initial public offering (IPO) and at year-end 2020. In addition, review the sunset provisions for the founding leadership at Pinterest. How does the voting control structure influence how Pinterest is led? Is the sunset provision adequate if the company begins to underperform due to mismanagement?
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