Keep the Power: Lessons From Mark Zuckerberg

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He Was Smart About Stock Structure

In November 2009, Facebook's board of directors voted to establish a dual-class stock structure, moving the existing shareholders stock from Class A to Class B shares, which carry 10 times the voting power. Dual stock-structure doesn't necessarily give Zuckerberg final say in every decision, but his votes carry so much weight that it makes him an incredibly powerful player in the company—even apart from his status as founder and CEO.