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Zynga Founder Mark Pincus is Giving up his 70% Voting Control of the Company

Business Insider
  • Zynga founder Mark Pincus announced in a Medium post Wednesday that he is stepping down from his executive chairman role at the gaming company and converting his super voting shares into ordinary shares.
  • The decision to scrap the dual class stock structure is an unexpected move, at a time when tech founders from Mark Zuckerberg to Evan Spiegel are holding on to power with super voting stock...
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