> Page and Brin each own 25.9% and 25.1% of Alphabet's voting power, respectively, accounting for over half of the company's controlling shares. That's because of Alphabet's super-voting structure, which gives 10 votes per share of its Class B stock.
also:
> Mark Zuckerberg owns the majority of the voting rights to Facebook due to a dual class structure that weights certain shares over others.
I would like to see eminent domain used to restructure these companies with weird controlling shared structures in to being truly publicly traded companies as a first step. I have no problem with Zuck getting all the money his shares of Facebook are worth, but I have a big problem with him and the unelected Page and Brin having all that power with no recourse for the market. Am I being foolish?
also:
> Mark Zuckerberg owns the majority of the voting rights to Facebook due to a dual class structure that weights certain shares over others.
I would like to see eminent domain used to restructure these companies with weird controlling shared structures in to being truly publicly traded companies as a first step. I have no problem with Zuck getting all the money his shares of Facebook are worth, but I have a big problem with him and the unelected Page and Brin having all that power with no recourse for the market. Am I being foolish?