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> voluntarily unless they were doing so through an index fund like a significant majority of public capital > understanding the structure I would bet against
by ketzo 4y ago
> voluntarily
unless they were doing so through an index fund like a significant majority of public capital
> understanding the structure
I would bet against every Facebook shareholder understanding at the time of investment; I would bet against even a majority thinking through the long-term ramifications
I understand your point — it’s a free market, nobody MAKES you buy stock — but I still don’t think it’s a reason to totally write off all the implications of a dual-class share structure for one of the biggest companies in the world.