3 ms·
> With stocks you get the same returns and votes per share that anyone else does. I believe founders have wised-up to that and now there are differently voting
by nico_h 7y ago
> With stocks you get the same returns and votes per share that anyone else does.
I believe founders have wised-up to that and now there are differently voting shares, the most prominent being Facebook, which is controlled by the Zuck & friends even though they only own 18% of the stock
https://www.cnbc.com/2018/03/20/shareholders-wont-force-zuckerbergs-hand-in-facebook-management.html https://www.cnbc.com/2018/03/20/shareholders-wont-force-zuck...
>> Mark Zuckerberg owns the majority of the voting rights to Facebook due to a dual class structure that weights certain shares over others.
>> Facebook’s Class B shares, controlled by Zuckerberg and a small group of insiders, has about 18 percent of the shares, but they also have 10 votes per share.
>> Surprisingly, it’s not that uncommon: 355 of the companies in the Russell 3000 (11.8 percent) have a dual voting-class structure.
- WalterBright 7y agoPick another stock, then.