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by dmitrygr 2562 days ago
google is actually a 3-class stock: class B has 10 votes and is not available publicly (owned by larry, sergey, eric), class A has one vote and trades as GOOGL, class C is nonvoting and trades as GOOG. Employees only get grants of GOOG and thus have no votes
2 comments
SilasX 2562 days ago
Oh wow. TIL! I (and the rest of HN, and even S&P[1]) was screaming bloody murder about Snapchat IPOing and only releasing non-voting shares. I didn't know Google worked the same way!

[1] https://news.ycombinator.com/item?id=14904946

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what_ever 2562 days ago
I thought for Snap, any investor can only buy non-voting share? For Google, you (or I during the open window) can buy GOOGL and have voting share?

Disc: Googler.

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SilasX 2562 days ago
Ah, sorry, misread it -- that is different from Snapchat, although still similar in that only a sliver of voting shares are publicly traded.
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the-rc 2562 days ago
Well, if you were employed before/during the 2014 split, you do have a mix of GOOG/GOOGL. Not that it ever made a difference in practical terms.
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dmitrygr 2562 days ago
unless you had a very weird vesting schedule, your GOOGL long since vested (mine finished in '17)
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the-rc 2562 days ago
Yeah, but did you sell them all?
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