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See the “dual class” structure he managed to set up early on to preserve control. https://www.vox.com/technology/2018/11/19/18099011/mark-zuckerberg-facebook-s
by thethimble 5y ago
See the “dual class” structure he managed to set up early on to preserve control.
https://www.vox.com/technology/2018/11/19/18099011/mark-zuckerberg-facebook-stock-nyt-wsj https://www.vox.com/technology/2018/11/19/18099011/mark-zuck...
This was made popular by Larry and Sergey in 2012: https://www.sec.gov/Archives/edgar/data/1288776/000119312512160666/d333341dex993.htm https://www.sec.gov/Archives/edgar/data/1288776/000119312512...
It’s really only possible if the company/investment is so compelling that investors will invest with virtually no control.