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Google's stock structure is actually pretty interesting. At least in terms of voting.[0] The TL;DR is Larry Page and Sergey Brin still maintain an out sized inf
by supreme_sublime 9y ago
Google's stock structure is actually pretty interesting. At least in terms of voting.[0] The TL;DR is Larry Page and Sergey Brin still maintain an out sized influence over the direction of the company despite not owning the majority in an economic sense.
Obviously there is still regular stockholder desires, but in terms of overall direction the pair still seem to be pretty firmly in control.
I did some research on this a while back as I was trying to figure out how much stock someone would need to own to influence Google in a significant way. Turns out it is basically impossible to unseat them.
[0] https://blogs.wsj.com/cfo/2015/08/12/googles-multi-class-stock-structure-made-alphabet-move-unique/ https://blogs.wsj.com/cfo/2015/08/12/googles-multi-class-sto...