Founders without Limits (Hardback)
Hardcover 458 pages English Oct 14, 2021
(No reviews yet)
Write a Review
Write a Review
Cambridge University Press
Founders without Limits (Hardback)
Millions of titlesEvery book you're looking for
Carbon-neutral shippingFree on orders over $39.99
Fast shipping worldwideDelivered to your door
Big Tech has flourished on the US public markets in recent years with numerous blue-chip IPOs, from Google and Facebook, to new kids on the block such as Snap, Zoom, and Airbnb. A key trend is the burgeoning use of dual-class stock. Dual-class stock enables founders to divest of equity and generate finance for growth through an IPO, without losing the control they desire to pursue their long-term, market-disrupting visions. Bobby Reddy scrutinises the global history of dual-class stock, evaluates the conceptual and empirical evidence on dual-class stock, and assesses the approach of the London Stock Exchange and ongoing UK regulatory reforms to dual-class stock. A policy roadmap is presented that optimally supports the adoption of dual-class stock while still protecting against its potential abuses, which will more effectively attract high-growth, innovative companies to the UK equity markets, boost the economy, and unleash the true potential of 'founders without limits'.
- Author:
- Bobby V. Reddy
- Publisher:
- Cambridge University Press
- Publication Date:
- Oct 14, 2021
- Number of pages:
- 458 pages
- Language:
- English
- Binding:
- Hardcover
- ISBN-10:
- 1108839355
- ISBN-13:
- 9781108839358