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A comment on Tech Stocks Roar Again in Faint Echo of 2000. Parent comment

Re:Tech Stocks Roar Again in Faint Echo of 2000 by nl on Sunday October 29, 2017 @03:44AM (#15578386)
You realise that anti-SNAP thing was literally the same argument people used on FB when they floated, right?
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Re:Tech Stocks Roar Again in Faint Echo of 2000 by thisisit on Sunday October 29, 2017 @03:58AM (#15578426)
Facebook had two classes - A with 1 vote and B with 10 votes. In IPO they offered class A.

Snap has A, B and C. They offered A which has zero voting rights.

Facebook tried to get another structure in place this year but dropped it.

So, not literally the same argument.

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Re:Tech Stocks Roar Again in Faint Echo of 2000 by nl on Sunday October 29, 2017 @05:55AM (#15578706)
True, but the financial side is pretty much the same.

Additionally, the preferred holdings in Facebook's case make the difference between the 1 vote class A and a hypothetical zero vote class somewhat moot (at the moment anyway).

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