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Lyft founders plan to control company through supervoting shares ahead of IPOThe founders of Lyft Inc. are preparing to take near-majority voting control of the ride-hailing company when it goes public this year, despite together owning a stake of less than 10%, making them the latest Silicon Valley entrepreneurs to secure outsize influence over a hot startup as it enters the public markets.
Source: MarketWatch - 🏆 3. / 97 Read more »