Second-Class Investor Citizens: Facebook’s IPO and Dual-Class Equity Structures
Gust
MAY 24, 2012
Dual-class voting structures are receiving a lot of attention these days along with intense publicity related to the Facebook IPO , following in the wake of other recent tech IPOs with a similar structure such as Zynga and LinkedIn. If these terms sound onerous and lopsided, it’s because they are.
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