4 ms·
Aren't those classes of stock with voting power worth a lot more? I'm not sure how you'd possibly avoid being rich on paper if you have a majority voting power
by xvedejas 4y ago
Aren't those classes of stock with voting power worth a lot more? I'm not sure how you'd possibly avoid being rich on paper if you have a majority voting power for Google.
- Cerium 4y agoNot necessarily, for example Facebook supervoting shares were setup to convert to normal shares if transfered, making them only more valuable to the original holder.
- xvedejas 4y agoOkay, interesting. I'm guessing those people typically had many normal shares too, right? Otherwise if they're given a fairly small financial stake, and have no skin in the game -- I'm guessing that most investors wouldn't like that?