Like many startups that have gone public recently, Peloton will have a stock structure that gives extra votes to certain insiders.
Many companies with such arrangements give insiders 10 votes per share, but PelotonCEO John Foley and some early investors in the fitness firm will get 20 votes per share.
At least as things stand now, Foley wouldn't have majority control by himself, because he's not the biggest holder of super-voting shares...
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