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When Facebook IPOed it had two classes of voting stock. Normal and super voting. They only offered the normal voting stock. Facebook and Google both later offe
by d4l3k 10y ago
When Facebook IPOed it had two classes of voting stock. Normal and super voting. They only offered the normal voting stock.
Facebook and Google both later offered non-voting stock, but not when they IPOed. Not sure if it really makes a difference overall, but unlike Facebook and Google there is no public Snap Inc. voting stock.
- minimax 10y agoThere is no non-voting FB stock yet. It's still tied up in a shareholder lawsuit.