Board Voting Control

Determine simple board-vote majority assuming one vote per seat and no special rights.

Description

A simple board majority requires more than half the seats.

A simple board majority requires more than half the seats. Seat ownership differs from economic ownership and can leave neither group in unilateral control.

Determine simple board-vote majority assuming one vote per seat and no special rights.

When to use Board Voting Control

Use this for the following task: Determine simple board-vote majority assuming one vote per seat and no special rights.

Prepare the scenario values in one currency and consistent time periods. Use fractions for fraction fields and percentage points for percent fields.

How to use Board Voting Control and understand its results

  1. Prepare the scenario values in one currency and consistent time periods. Use fractions for fraction fields and percentage points for percent fields.
  2. Enter founderSeats, investorSeats, independentSeats using the field table, then run the tool.
  3. Read totalSeats, majoritySeats, control. Interpret flags, units, ordering and placeholder values using the rules below.
  4. Review any reported issue or failed check, correct the supplied values when appropriate, and verify the result in its intended context.
Input fieldMeaningValue type and boundsRequirement
founderSeatsFounder seatsintegerRequired
investorSeatsInvestor seatsintegerRequired
independentSeatsIndependent seatsintegerRequired

Supply nonnegative integer founder, investor and independent seats with a positive safe total. Report founders or investors when their seats meet the majority; otherwise return neither.1

majority=floor(totalSeats/2)+1

This summarizes the declared operation. Units, indexing, inclusivity and exceptional cases are explained in the surrounding text.

Output fieldMeaningValue type
totalSeatsTotal seatsinteger
majoritySeatsMajority seatsinteger
controlControlstring
json
{
  "input": {
    "founderSeats": 2,
    "investorSeats": 2,
    "independentSeats": 1
  },
  "output": {
    "totalSeats": 5,
    "majoritySeats": 3,
    "control": "neither"
  }
}

Limitations and assumptions

One vote per seat and full participation are assumed. Vetoes, quorum, tie-breaking and special rights are excluded.

These outputs describe the supplied scenario; accounting definitions, capitalization terms and time periods must match the intended use. Malformed requests produce input errors. A successfully evaluated request can still contain false flags, empty result lists or a result outside the supplied threshold; those outcomes have the meanings stated above.

Alternative or Complementary methods

Choose Round Dilution Tracker for this operation: Track multiplicative ownership dilution across financing rounds. For a complementary task, use Contribution Equity Split for this operation: Allocate equity by explicitly weighted cash and valued labor contributions.

The implementation reference documents the exact calculation, supported input shapes and returned fields.

References

  1. Board Voting Control — tool.io

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