“I've held as much as 90% of this fund in cash at one time and as little as 10%.”
BE
Bill Egan JP Morgan Strategic Income Opportunities Fund
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held roughly 90% voting control of Theranos
90% voting control
“I've held as much as 90% of this fund in cash at one time and as little as 10%.”
“I asked for the same panel that I had so that I could compare the results of my panel and the Theranos panel.”
“They'll have three classes of common stock... Class A investors get one vote per share, Class B founders get two or three votes, Class C employees have no votes.”
“We work through each of these goals… head-to-head… tally up the votes. The goal with the most votes becomes objective number one… The $30,000 used for a big European family holiday can't then also be used a second time for a bathroom renovation.”
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