Dow 20,000

Following a post-election rally, the Dow has recently crossed 20,000. But, what does this really mean? Check out a recent article in the WSJ.

Voting Rights?

In recent years, tech companies in particular have widely used different share classes as a way for founders to retain voting control even after the firm goes public. In an extreme move, however, Snap Inc. is issuing public shares that actually carry zero votes, leaving all control with the founders. See article here, Morningstar.