Yeah, that was especially shady IMO, and I was surprised back then as well. But ...

		pm90 on March 2, 2017 \| parent \| context \| favorite \| on: Snap Jumps in Debut After App Maker Raises $3.4B i... Yeah, that was especially shady IMO, and I was surprised back then as well. But I thought that was an exceptional case since it was the only company doing that, and it is so profitable etc. But if companies/founders can get away with this, what stops it from becoming the standard?

Non-voting stock is nothing new, it's as old as the stock market.