News Snapshot:
South Korea is mulling to adopt multiple voting rights to help local startups attract large-scale investments and maintain stable management, according to public officials and politicians on Tuesday. Vice Minister Kang Sung-cheon of SMEs and startups said the government is working on ways to legalize the differentiated voting rights that are popular among countries with many unicorn startups. A unicorn startup refers to a fledgling company valued at over $1 billion. Currently, the top four countries with the most unicorn startups -- the US, China, India and the UK -- all allow multiple voting rights, which give the right to...