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Tech Founders Want IPO Riches Without Those Pesky Shareholders - Wall Street Journal

Companies that go public on the New York Stock Exchange usually celebrate by ringing the opening bell from a balcony crowded with executives and employees. Snap Inc. had only two: co-founders Evan Spiegel and Bobby Murphy, who control about 90% of the voting power in Snapchat’s parent.


Read full article from The Wall Street Journal - HERE