John Doerr on supervoting shares

Investors have gotten the greatest rewards from the companies that take a long-term point of view.  In the right circumstances, I'm a fan of founder control.  Google's three-class stock structure allows the founders to concentrate on the long run. [Co-founders Larry Page and Sergey Brin own the supervoting Class B shares.]  The structure is fully disclosed, and investors don't have to buy the stock if they don't like it.

~ John Doerr, "John Doerr on Leadership, Education, Google, and AI," Barron's, May 5, 2018