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amadeus

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Re: Toxic Avenger post# 23893

Friday, 09/18/2015 11:14:27 AM

Friday, September 18, 2015 11:14:27 AM

Post# of 35909
sure you do. zuk still owned over 50% of fb, and it was a subpenny for initial investors. not saying this is the next fb by any means, but that is exactly what they do. he controlled more than 50% of the company himself even on IPO day.

look it up.
http://www.forbes.com/sites/danbigman/2012/05/23/facebook-ownership-structure-should-scare-investors-more-than-botched-ipo/

That means he owns about 18% of the company, but controls more than 50% of the voting power.
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