Steven Davidoff Solomon quoted by TechCrunch, March 10, 2017
The challenge, says Steven Davidoff Solomon … is that “it takes time and you need a first mover.” While the structure would “motivate institutional shareholders by rewarding them,” tech companies can “be lemmings,” says Solomon. Just like Google opened the “floodgates” for dual-class voting structures, he notes, another breakout company would need to set the direction with tenured voting.