Mark Zuckerberg, the founder of Facebook, ensured that he remained in control of the firm even after it went public by:
A) running the organization single-handedly.
B) valuing the firm at $15 billion, which exceeded investor expectations.
C) employing antitrust laws and limiting the investors' degree of control.
D) appointing 3 additional directors instead of 5.
E) retaining a majority of voting rights in the public company.

Question

Quizplus · Accepted Answer

Mark Zuckerberg retained a majority of voting rights in the public company, allowing him to maintain control over Facebook even after it became a publicly traded entity. This was achieved through a dual-class stock structure.

Mark Zuckerberg, the Founder of Facebook, Ensured That He Remained