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Facebook case deals blow to 'founder power'

BT_20170926_SYFACE26_3101483.jpg
The suit against Facebook for solidifying power also contained embarrassing revelations that the CEO may not have wanted to discuss in court. So Mr Zuckerberg may have scrapped the plan to avoid blushes.

BT_20170926_SYFACE26_3101483.jpg
The suit against Facebook for solidifying power also contained embarrassing revelations that the CEO may not have wanted to discuss in court. So Mr Zuckerberg (above) may have scrapped the plan to avoid blushes.

San Francisco

SILICON Valley spent more than a decade finding ways to give company founders more control. When Facebook Inc tried to follow suit, shareholders pushed back.

Google started it with a 2004 initial public offering that gave co-founders Larry Page and Sergey Brin voting...

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