12 pointsby bigwheels2 hours ago4 comments
  • sebmellen2 hours ago
    > said shareholders holding a majority of the company’s voting power have approved amendments

    …doesn’t this mean Zuckerberg himself?

  • altairprime2 hours ago
    This counts as paying the tax, so that’s a win no matter how they shuffled the bill around amongst themselves.
  • laweijfmvo2 hours ago
    can someone please explain how meta is paying the tax for him?
    • bigwheels2 hours ago
      TFA states:

      > Under the deal, Zuckerberg will get non-voting shares he can sell to potentially foot a multi-billion-dollar tax bill in the event the proposal is approved, in exchange for a commitment to remain a resident of California, or wherever Meta maintains its headquarters, for eight years.

      It allows him to liquidate part of META to pay off the state and retain his current 60%+ of voting shares.

      • matt321029 minutes ago
        Benevolent dictator for life
  • 2 hours ago
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