Second-Class Investor Citizens: Facebook’s IPO and Dual-Class Equity Structures
Gust
MAY 24, 2012
Some commentators have suggested this is the wave of the future, signifying a shift in the balance of power from investors to founders of the relatively small, elite group of growth companies that make it to public markets. Options and warrants, when issued, are also typically exercisable for shares of Common Stock.
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