, Columnist
Absolute Power Disrupts Absolutely in Silicon Valley
Supervoting shares for young tech companies should have a time limit.
Stop us before we mess up again.
Photographers: Chris J. Ratcliffe (Uber); Patrick T. Fallon (Snapchat)/Bloomberg
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No one has learned any lessons.
That’s the discouraging takeaway from a Wall Street Journal article on Tuesday about the nearly unchecked power held by founders of many young technology companies. The people bankrolling those companies are responsible for providing oversight, too, but don’t seem to be doing much of it.