Alphabet�s GOOG vs GOOGL Stock

Alanmoul0907 Jun, 2023Finance

It guaranteed that Larry Page and Sergey Brin would retain a majority of the voting rights. The founders of a firm that goes public could progressively lose control of the company when fresh shares are issued and sold. The founders of Alphabet share the ambition of several other digital billionaires to retain ownership of their businesses. Markets or investors may lack patience and prioritise short-term rewards above long-term plans. Brin and Page were able to benefit from the liquidity of the public market without ceding control of the firm by dividing the shares.