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When someone else owns a majority of voting shares of the company they get to make demands of how it's run. Unfortunately for regular investors in Facebook, th
by wlesieutre 4y ago
When someone else owns a majority of voting shares of the company they get to make demands of how it's run.
Unfortunately for regular investors in Facebook, their shares are each worth 1/10th of the votes of Zuckerberg's special Class B shares, and if they wanted to have a say in anything they probably should've invested in a company where the CEO/founder doesn't hold a huge pile of special voting shares.