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> Except for shareholder value Well, it depends. Zuckerberg has controlling interest in Meta even though he owns a minority of it (<15%) because of its dual s

> Except for shareholder value Well, it depends. Zuckerberg has controlling interest in Meta even though he owns a minority of it (<15%) because of its dual share structure. Meta will do what he wants it do. Google has a similar structure.

jjulius 2y ago
Semantics. I'd replace "shareholder value" with "making a chunk of people insanely wealthy".
- iforgot22 2y ago
  It's not semantics. Those founders have more voting power than their actual share in the companies, so they don't have the same incentives as regular shareholders.
  - zht 2y ago
    the founders are also shareholders so they are still maximizing shareholder vlaue
    - iforgot22 2y ago
      Zuck's other financial and personal interests could compete with his money in the company. Unlikely at 1:1, but it's more possible the higher his vote multiplier is.