Alphabet Stock
Categories: Investing, Entrepreneur, Stocks
The founder got super voting stock. Those was Class A shares. They exist in FB, GOOG, BRK, and a bunch of other well-known new economy companies. Alphabet stock refers to shares that carry identical economic attribution or benefit, but differ in things like voting rights or governing rules.
These distinctions in voting provisions come up if there's a conflict...basically, those super-voting, Class A, just-for-the-founders-and-their-hand-picked-cohorts stock include increased control. Why have Alphabet Stock/SuperVoting Rights? When you worry about your company being sold out from under you, don't trust your board, your shareholders or your employees and have other numerous and varied paranoias you go to bed with each night. Or your lawyer suggested it.
