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The point of the structure is to maintain insider control, so when an insider want to sell some stock they do the conversation before selling to the public mark
by harryh 8y ago
The point of the structure is to maintain insider control, so when an insider want to sell some stock they do the conversation before selling to the public markets.
- zrail 8y agoAnd it’s likely not optional. Any transfer of shares to someone who is not already a Class B holder will probably trigger a conversion. Iirc that’s how Facebook and Google’s shares are structured.
- travisjungroth 8y agoI wondered how things like death and divorce were handled. Seems like that would cover it.