3 ms·
> Zuckerberg and a few others (many of whom have given him voting power on their behalf) own 'Class B' stock, which is worth 10 votes (and thus could reasonably
by blibble 4y ago
> Zuckerberg and a few others (many of whom have given him voting power on their behalf) own 'Class B' stock, which is worth 10 votes (and thus could reasonably be treated as each share being worth 10 of Class A shares).
the stock exchanges really missed a trick by not prohibiting this sort of bullshit
- lostcolony 4y agoIt's not really that different than just issuing 11x class B stock, and sitting on 10x, except that it looks like Zuck has less control than he actually does.