Pointing out, “If you raise the company and lose it, who will do it?”
Na Gyeong-won also “must start with the reflection of the Wen regime, which has only been struggling with innovation”
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Rep. Ha Tae-kyung said on the 15th, “If Coupang, a Korean innovative venture company, listed on the Korean stock market, it threatened to take over management rights, so it abandoned the Korean stock market and listed it on the US stock market.”
On the same day, Congressman Ha explained through Facebook that “because there is no differential voting right in Korea, which gives the founders 29 times more voting rights per share, in the United States.” He pointed out, “In the process of attracting large-scale external capital, venture companies are always plagued by the threat of management rights as the relative stake of the founder decreases.” In addition, “In order for a country to work well, more companies have to be created and attracted from foreign countries to Korea. Currently, Korea has become a semi-business republic that cannot properly capture indigenous companies.” “Korea only spoke of fostering venture companies, protecting venture entrepreneurs. “We did not introduce a differential voting right that can be done.” He then emphasized that “only founders should be allowed differential voting rights.
He said, “Korea should not be an anti-business republic, but an entrepreneurial republic,” he said. “Giving differentiated voting rights to entrepreneurs will be a small start. I will try to legislate.”
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Regarding Coupang’s promotion of listing on the US stock market, former Congressman Na Gyeong-won also said, “The Moon Jae-in regime, which has only been’catching innovation’ by talking about various regulations and unidentified systems, should reflect on before congratulating Coupang. He applied a needle. Rep. Na, citing the remarks of Deputy Prime Minister Hong Nam-ki, welcoming the promotion of the Coupang listing on his Facebook page, said, “I understand that you will be congratulating Coupang’s growth and advance into the US stock market, but honestly, this regime deserves to say this. I wonder if it is.” He said, “The Moon Jae-in administration should not’put a spoon on’,” he said. “If I die, will there be a non-laughable metaphor of’K-spoon’?”
He pointed out, “The reason why many innovative companies, including Coupang, go to the US is because they have a management control system such as differential voting.”
/ Intern reporter Jisu Kang [email protected]
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