Opinion: I’m pushing Peloton to end its dual-class shareholder structure — and other companies should do the same

Peloton, a company in which my firm is a sizable shareholder, has lost $40 billion in stock-market value in less than a year—a pitiful example of a founding team that built a great brand and then squandered its potential under the thumb of an inept and conflicted founder who continues to wield outsize influence and…

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