4 ms·
facebook class B shares (the ones that Zuckerberg and other company insiders own) has 10x the voting rights of class A shares which you or I can own. They plan
by dastbe 9y ago
facebook class B shares (the ones that Zuckerberg and other company insiders own) has 10x the voting rights of class A shares which you or I can own. They plan to issue new class C stock that will have no voting rights. this is the same structure in place for alphabet.
So it's not nearly as simple as you make it sound.
- jimmywanger 9y agoYou can still buy alphabet shares with voting rights, they trade at a ~3% premium. (GOOG vs GOOGL) Facebook is a different case, but in the examples prominently mentioned in the article, Google and Amazon are featured and they both give voting rights to stockholders, as does Microsoft.