Why are dual class stocks allowed if they are so clearly wrong? Also why do inve... | Hacker News

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		geodel on April 21, 2023 \| parent \| context \| favorite \| on: Fire Mark Zuckerberg Why are dual class stocks allowed if they are so clearly wrong? Also why do investors buy into companies which have dual class stocks if they are bad?

BaseballPhysics on April 21, 2023 [–]

A sick obsession with founder-centric companies thanks to the myth of lone geniuses fueled by industry hero worship of folks like Gates and Jobs.

Fortunately, thanks to the flailings of folks like Musk, Zuck, and Holmes, that fever has broken and the sickness is starting to pass...

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