Weighting of Facebook founder Mark Zuckerberg’s shares in the social network to ensure he keeps majority control after the IPO could present accountability issues, experts warn, and could prove a turnoff to investors. Zuckerberg will hold over 28-percent of Facebook once it floats, but thanks to a double tiered stock structure his shares will be worth 10x more in voting power than common stock.
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Facebook founder’s iron-grip IPO could sink or save site
[ Chris Davies / SlashGear ]