While Non-voting shares keep things simpler for everyone involved, there is added risk for investors who now no longer have a say or vote regarding how the company is run. While there are legal means, called “oppression remedies” to use civil courts to prevent Boards and majority shareholders from unfairly disregarding the interests of common shareholders, these are expensive and time-consuming and are therefore of little use to shareholders in companies at the stage of initially raising capital through equity crowdfunding.
This is why it is important to invest in founders you believe in and trust have your interests at heart.
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