Preserving Founder-Led Structure to Focus on the Long Term

Proposal to create new class of publicly listed, non-voting Class C capital stock By Colin Stretch, General Counsel, Facebook, Inc. From the beginning, Facebook has been managed for the long term, focusing on its mission of connecting the world. Today, Facebook’s board of directors is proposing the creation of a new class of publicly listed, non-voting Class C capital stock t ...Read the full article