Kwerl@lemmy.zip to Technology@lemmy.worldEnglish · 4 days agoMeta strikes deal with Zuckerberg to protect him from California wealth taxwww.theguardian.comexternal-linkmessage-square37fedilinkarrow-up1212arrow-down112cross-posted to: [email protected]
arrow-up1200arrow-down1external-linkMeta strikes deal with Zuckerberg to protect him from California wealth taxwww.theguardian.comKwerl@lemmy.zip to Technology@lemmy.worldEnglish · 4 days agomessage-square37fedilinkcross-posted to: [email protected]
minus-squareImgonnatrythis@sh.itjust.workslinkfedilinkEnglisharrow-up5·3 days agoSo meta employees got his back? The money comes from somewhere. If you weren’t borderline suicidal working for Meta this should do the trick!
minus-squareNotMyOldRedditName@lemmy.worldlinkfedilinkEnglisharrow-up4·3 days agoThere is no new money. Its a shares split with half being voting shares and half being not voting shares. Zuckerberg will sell the non voting shares.
minus-squareParlimentOfDoom@piefed.ziplinkfedilinkEnglisharrow-up1·3 days agoNon voting shares shouldn’t exist. Buying a piece of a company and not being able to voice a say is an insane system
minus-squareNotMyOldRedditName@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down1·edit-23 days agoIf you want to vote just buy the voting ones. If you dont want to vote, get the non voting ones for a discount. No ones being forced to buy these, they’re being equally given to everyone, and everyone will have the same voting rights once its done. Most retail investors dont even vote.
So meta employees got his back? The money comes from somewhere. If you weren’t borderline suicidal working for Meta this should do the trick!
There is no new money.
Its a shares split with half being voting shares and half being not voting shares.
Zuckerberg will sell the non voting shares.
Non voting shares shouldn’t exist. Buying a piece of a company and not being able to voice a say is an insane system
If you want to vote just buy the voting ones. If you dont want to vote, get the non voting ones for a discount. No ones being forced to buy these, they’re being equally given to everyone, and everyone will have the same voting rights once its done.
Most retail investors dont even vote.