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Roku's CEO and other insiders will control 98 percent of the company's voting power even after its IPO

Business Insider Monday, 18 September 2017
Roku's CEO and other insiders will control 98 percent of the company's voting power even after its IPORoku may not have the same buzz as Google, Facebook or even Snap, but when it goes public, it plans to take a page from the books of those companies, creating an ownership structure that will give its CEO and other insiders outsized power. 

Following its planned public offering, 98% of the voting power of Roku's stock will be...
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Source: Bloomberg Technology - < > Embed

News video: Roku CEO Says IPO Is Natural Evolution of Business

Roku CEO Says IPO Is Natural Evolution of Business 03:07

Sep.28 -- Anthony Wood, chief executive officer at Roku Inc., discusses his company's initial public offering as it begins trading and what he sees as the next step in their business model. He speaks with Bloomberg's Alex Barinka on "Bloomberg Markets."

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