Giving Mark Zuckerberg unquestioned power was asking for trouble

Research insights collected by Cordell Eminent Scholar Jay Ritter helps inform this opinion piece from Chris Bryant about his unsympathetic feeling to the Meta shareholders’ plight. 

“Nobody forced them to purchase Meta stock and founder hubris is a risk you take when granting entrepreneurs nearly unfettered and indefinite control via super-voting shares,” Bryant writes. “The dangers were clearly spelled out in Facebook’s 2012 initial public offering prospectus and subsequent financial filings.”

Read more in the op-ed from Bloomberg.