Internet firms' dual-class shares are best avoided

When a company goes public, it must tell shareholders how it plans to govern itself. The new owners are promised a piece of the profits and a say in how the company is run. The standard arrangement for apportioning control is "one share, one vote". That is a good, tried-and-tested design, but it seems to be going out of fashion.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1336794/internet-firms-dual-class-shares-are-best-avoided