Dual-class shares
Startups
The market has changed, but super-voting shares are here to stay, says Mr. IPO
4:29 pm PDT • March 28, 2023
Yesterday, the ride-sharing company Lyft said its two co-founders, John Zimmer and Logan Green, are stepping down from managing the company’s day-to-day operations, though they are retaining their board seats.…
Why would Snowflake give up such a powerful tool a mere six months after it went public? We decided to look at the notion of dual-class shares and why Snowflake…
In the dual-class shares debate, the big exchanges should get off the sidelines
8:17 pm PDT • September 30, 2019
Adam Neumann’s fall from grace was astonishingly swift once his company, WeWork, filed to go public in August. Even while his spending was fairly well-documented across time (as were his…