• Rekall Incorporated@lemm.eeOP
      link
      fedilink
      English
      arrow-up
      4
      ·
      5 days ago

      In case of Meta, this not actually true.

      They have a dual layer share structure where Zuck holds special class share that provide him full control even if he doesn’t have a majority of “ownership class” shares.

      I mean, I am sure Zuck wants “line go up”, but we are at point where it’s more like his personal fiefdom and he can tell shareholders to bugger off and let him burn $46 Billion on his weird metaverse fetish.