It is expected to choose New York, where companies can use the dual -
class share structure even if the founding shareholder is a company and not an individual.
Not exact matches
When Facebook staged its initial public offering six years ago, it implemented a dual -
class share structure that means Zuckerberg personally controls a majority of the voting stock
even though other investors own the majority of the financial value of the company.
Ironically, there will then be a greater and greater need for dual
class share structures,
even when they are not being used to protect the «idiosyncratic vision» of a company's founders.