Controversial model could clip wings of short-termism that has cost investors in the past
Thursday 08 Apr 2021 Author: Steven Frazer
Food delivery platform Deliveroo ( ROO ) has put the backs up of a lot of investors, and not just because of its debut share price hammering that wiped £2 billion off its £7.6 billion starting valuation. The company’s decision to adopt a dual-class share structure was a controversial one, giving co-founder and chief executive Will Shu greater control over the company. The system has a three-year shelf life...