4 ms·
Looking at how the current share structure works[1], it seems possible that he knows some Class B will be sold to someone new and his % of vote control will go
by sigmar 9y ago
Looking at how the current share structure works[1], it seems possible that he knows some Class B will be sold to someone new and his % of vote control will go up. At least that's my speculation.
Following this to a crazy extreme (to make the mental math easy), if Zuck owned only class B shares and he was the only one with class B shares, he could sell until his equity was 9.1% of FB and would still maintain majority control.
For more realistic math- is there any place that tracks how many class b shares exist?
[1] http://www.slate.com/articles/business/moneybox/2012/02/facebook_s_ipo_how_mark_zuckerberg_plans_to_retain_dictatorial_control_his_company_.html http://www.slate.com/articles/business/moneybox/2012/02/face...