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> I wish I, just a guy, could invest in companies like this with no vote stake. How is this different from just buying stock? Or are you referring to companie
by war1025 6y ago
> I wish I, just a guy, could invest in companies like this with no vote stake.
How is this different from just buying stock?
Or are you referring to companies specifically that aren't public?
- bpodgursky 6y agoIt's not public, and no companies issue non-voting shares. It's not even clear they would be allowed by the SEC.
- cookingrobot 6y agoGoogle (Alphabet) has two different stocks you can buy, one of which doesn’t have voting rights. https://www.investopedia.com/ask/answers/052615/whats-difference-between-googles-goog-and-googl-stock-tickers.asp https://www.investopedia.com/ask/answers/052615/whats-differ...
- bpodgursky 6y agoOh, that's a good point, I forgot about those... despite owning quite a few non-voting shares of GOOG.
- renewiltord 6y agoYeah, no, it's not. There's just a regulatory barrier that makes it hard for most organizations to release stock like this to the public. I want to lower that barrier for myself because I am willing to accept a higher scam rate.