[adambkaplan]

Wall St. hasn't punished most tech stock prices for this practice (yet). Seems to be an unspoken rule that when it comes to tech companies, the founders know more than the street analysts.

[hathathat]

Yes they have! [1] Dual- class listing now miss out in huge daily price-insensitive purchases from ETFs driving their stock up.

[1] https://www.ft.com/content/993e4c11-8729-3168-a280-69e1d400b...