Hacker News Reader

"Co-founders Eric P. Lefkofsky, Bradley Keywell and Andrew Mason will control the company even if their ownership stake in Groupon drops below 50%"

Why the hell would I buy into the company and still not own it?

View on HN

Google has the same thing. Larry, Sergey, Eric all have shares that carry 10x the votes of regular Class A shares so they can still exercise control if their holdings fall below 50%.

Reply on news.ycombinator.com