Spotify listing shows it has allocated its co-founders 379.2M "beneficiary certificates", which have outsized voting power, giving them 80%+ of the voting power (Alex Morrell/Business Insider)

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Alex Morrell / Business Insider:
Spotify listing shows it has allocated its co-founders 379.2M “beneficiary certificates”, which have outsized voting power, giving them 80%+ of the voting power  —  - Like Snap, Facebook, and other tech companies that have gone the traditional initial public offering route …