Lyft Going Public: The Dual-Class Share Dilemma : Planet Money All shares of stock are not created equal. Stock can come in different classes now: Class A, Class B. Some of this stock comes with superpowers... and some of it comes with almost no power at all.
NPR logo Lyft Going Public: The Dual-Class Share Dilemma

Lyft Going Public: The Dual-Class Share Dilemma

Traditionally, taking a company public involved a trade-off: on the one hand, selling shares in your company could mean bringing in a ton of money; on the other hand, you had to give up some of your power to shareholders. And then tech CEOs started using a trick to make sure they could raise money and keep a lot of the power for themselves: dual-class stock.

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