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What could you do with the voting rights? 51% of the votes are held by the two founders. Some more votes are held by people close to them (i.e. Eric Schmidt) Th
by johannes1234321 9y ago
What could you do with the voting rights? 51% of the votes are held by the two founders. Some more votes are held by people close to them (i.e. Eric Schmidt) This gives very little theoretical and even less practical worth to the votes, whereas the actual worth is benefiting from profits.
- jondubois 9y agoI guess the premium accounts for the eventuality of the founders selling their stock. Their shares will be sold eventually, whether in their lifetimes or after.
- johannes1234321 9y agoWhile introducing the C class of stocks they made clear that they don't plan to give up their majority any time soon (that's the whole reason the were introduced) thus that premium is far in the future.