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Nick Davidov
@Nick_Davidov
VC, founder, - backing repeat founders with a community of 200 engineers. OSS. Perplexity, Higgsfield, Ani, Etched, Rhoda, Wabi. Husband to @msdavidova
가입 November 2009
1.6K 팔로잉 중    21.1K 팬
Meta is splitting votes and economic interest into two distinct share classes (so each shareholder will get 2 shares for each share they own). So existing shares will retain votes and 1/2 of the economic interest and the new class will just have the 1/2 economic interest with no votes. I’m very curious how the market would price this - should be non-linear for voting premiums (although who cares while Zuck maintains 60% votes)
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