Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
Blackthorn
on Aug 2, 2017
|
parent
|
context
|
favorite
| on:
S&P 500 to exclude Snap after voting rights debate
You don't have any voting rights when you buy GOOGL either, it's a complete fiction. The founders control 51% of the votes.
If anything, it's impressive that GOOGL trades at a premium at all.
prewett
on Aug 2, 2017
[–]
You absolutely get voting rights, you just don't get voting control. But there are three founders, so they have to vote together as a block to get that 51%. And over time, they may sell some of their voting stock.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
If anything, it's impressive that GOOGL trades at a premium at all.