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The man who killed Google Search?

(www.wheresyoured.at)
1884 points elorant | 1 comments | 23 Apr 24 16:43 UTC | HN request time: 0.233s | source
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gnicholas ◴[23 Apr 24 19:01 UTC] No.40135817[source]▶
> Larry Page and Sergey Brin left Google in December 2019 (the same year as the Code Yellow fiasco), and while they remain as controlling shareholders, they clearly don’t give a shit about what “Google” means anymore.

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?

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1. justinbaker84 ◴[23 Apr 24 19:41 UTC] No.40136304[source]▶
The shares they own give them 51% of the votes because when they negotiated a deal that gives them a lot more votes than anybody else. They own about 12% of the company.

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.