Investor, President & CEO at Retina Labs
When creating a new company and founder stock, is it a common (accepted) practice to allow one shareholder to have multiple voting rights (e.g. 2 votes per common share) as a means to protect that individual should he own less than 50% as a result of future funding rounds? I recall this being the case for Page, Brin, Zukerberg and many others. Under what circumstances is this approach reasonable and acceptable to future investors?