Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
jstanderfer
on Oct 11, 2012
|
parent
|
context
|
favorite
| on:
Zynga stock plummets below value of its cash and r...
Zynga is structured such that Mark Pincus has a majority of the voting shares (50.15% to be exact). This means he cannot be fired nor can any takeover occur without his consent.
mratzloff
on Oct 11, 2012
[–]
And he's already cashed out a significant portion of his stock, so he has no personal motivation to ever sell.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: