This usage of the word 'control' in this article seems very different from how it is typically used in the tech industry, even misleading.
Normally when we're talking about a minority shareholder having control, it is as a result of multiple share types with different voting rights (as in Facebook, Google, News Corp, etc.).
The assumptions also should be really clearly labelled, to also avoid misleading people. "there is an assumption that each shareholder is as likely to vote one way as another" is a huge assumption that is essentially based on zero information, whereas information is typically available for a particular company. It's worse than the assumptions behind options pricing models using Gaussian (so-called 'normal') distributions, imho.
Normally when we're talking about a minority shareholder having control, it is as a result of multiple share types with different voting rights (as in Facebook, Google, News Corp, etc.).
The assumptions also should be really clearly labelled, to also avoid misleading people. "there is an assumption that each shareholder is as likely to vote one way as another" is a huge assumption that is essentially based on zero information, whereas information is typically available for a particular company. It's worse than the assumptions behind options pricing models using Gaussian (so-called 'normal') distributions, imho.