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> Some other companies have segregated classes of shares with different voting rights, but according to SNAP's own S-1, they are the first company to have an IP
by seanalltogether 10y ago
> Some other companies have segregated classes of shares with different voting rights, but according to SNAP's own S-1, they are the first company to have an IPO with only non-voting shares available.
To me this shows the cynicism inherent in the entire stock market system. We're all just trading on the popularity and good will of these companies, and they know it.
- sumedh 10y agoInvestors have the option to read about all the these low level details and can chose not to invest but in reality that does not happen.