On: Google Walkout Organizer Claire Stapleton Resigns

[dmitrygr]

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

[SilasX → dmitrygr]

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

[what_ever → SilasX]

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.

[SilasX → what_ever]

Ah, sorry, misread it -- that is different from Snapchat, although still similar in that only a sliver of voting shares are publicly traded.

[the-rc → dmitrygr]

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.

[dmitrygr → the-rc]

unless you had a very weird vesting schedule, your GOOGL long since vested (mine finished in '17)

[the-rc → dmitrygr]

Yeah, but did you sell them all?