2 ms·
You can have company control without having even a majority. This is similar to what zuckerberg is doing with Meta. Supervoting Class A shares vs common shares
by IG_Semmelweiss 2y ago
You can have company control without having even a majority.
This is similar to what zuckerberg is doing with Meta. Supervoting Class A shares vs common shares, etc.
The arrangement is completely up to the governing docs of the entity.
- vineyardmike 2y agoThe CEO does currently control the company without a majority. Having less legal oversight generally refers to paperwork that needs to be done for the SEC.