Lyft faced criticism over its dual class shares which gave its founders 20 votes for each one heldhe timing of the UK government’s announcement of the terms of its review aimed at making the City a safe space for tech companies could hardly have been better timed.
Should London tear up the listing rules to give tech companies free rein?
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Dual class shares allowing founders to retain voting control when they tap public markets for cash may be on the way. It would attract more tech companies to the City, writes James Moore