Re:Google Walkout Organizer Claire Stapleton Resigns
by dmitrygr on Friday June 07, 2019 @12:47PM
(#20126467)
google is actually a 3-class stock:
class B has 10 votes and is not available publicly (owned by larry, sergey, eric), class A has one vote and trades as GOOGL, class C is nonvoting and trades as GOOG. Employees only get grants of GOOG and thus have no votes
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Re:Google Walkout Organizer Claire Stapleton Resigns
by SilasX on Friday June 07, 2019 @01:17PM
(#20126742)
Oh wow. TIL! I (and the rest of HN, and even S&P[1]) was screaming bloody murder about Snapchat IPOing and only releasing non-voting shares. I didn't know Google worked the same way!
Re:Google Walkout Organizer Claire Stapleton Resigns
by what_ever on Friday June 07, 2019 @01:42PM
(#20126961)
I thought for Snap, any investor can only buy non-voting share? For Google, you (or I during the open window) can buy GOOGL and have voting share?
Disc: Googler.
Re:Google Walkout Organizer Claire Stapleton Resigns
by SilasX on Friday June 07, 2019 @02:12PM
(#20127220)
Ah, sorry, misread it -- that is different from Snapchat, although still similar in that only a sliver of voting shares are publicly traded.
Re:Google Walkout Organizer Claire Stapleton Resigns
by the-rc on Friday June 07, 2019 @01:27PM
(#20126823)
Well, if you were employed before/during the 2014 split, you do have a mix of GOOG/GOOGL. Not that it ever made a difference in practical terms.