Is he saying that the two of them together hold enough voting shares to completely control Google? Or is he using the phrase "controlling shareholders" in a different way?
Is he saying that the two of them together hold enough voting shares to completely control Google? Or is he using the phrase "controlling shareholders" in a different way?
> Even though such classes of shares were unusual in the tech industry, Brin and Page decided to copy the structure. In the case of Google (now Alphabet), A shares carry one vote, while B shares each carry 10 votes. Brin and Page between them own 51 percent of those B shares, giving them joint control of the company, even though they own less than 12 percent of its total shares.
1: https://www.inc.com/minda-zetlin/warren-buffett-google-serge...
Those numbers are for both of them combined. If one of them had a serious disagreement with the other they could join forces with other shareholders to create a new 51% majority.