Second-Class Investor Citizens: Facebook’s IPO and Dual-Class Equity Structures
Gust
MAY 24, 2012
Yet I’m skeptical that a widespread shift will occur anytime soon, and for reasons discussed below, as much as I admire and advocate for talented entrepreneurs, I believe it would be a losing proposition for nearly all involved. Options and warrants, when issued, are also typically exercisable for shares of Common Stock.
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