system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: what difference does it make to buy 9.5% share of twitter? IIRC you need 50% BOD onboard to pass a decision and 75% for special cases. is 9.5% that big of a deal?
gpt
It doesnt matter if the other 90.5% all agrees on stuf, which usually isnt the case.

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Lets say the shareholders are divided into factions of 45% each.

The 9,5% then gives you the power to swing votes into your favor.

Of course this isn't the case for all votes. Not everybody votes with the same "faction" every time.

But 9,5% is quite a significant part of the vote and in issues where the majority is divided, it can easily decide the outcome.