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Facebook stock has never had any meaningful voting right. The shareholders aren't losing anything they never had before. If you don't like it, don't buy the st
by nikcub 10y ago
Facebook stock has never had any meaningful voting right. The shareholders aren't losing anything they never had before.
If you don't like it, don't buy the stock - becoming a shareholder and then complaining about voting rights is an angle shoot.
> problems like CEOs losing money quarter after quarter but still getting bonuses and ever larger golden parachutes...
You're thinking of appointed CEO's. Founder CEO's, especially those with voting control, almost never grant themselves bonuses or golden parachutes (they don't have to, they own the stock)