I still do not have a Facebook account. This isn’t the reason why. However, FB’s IPO shenanigans were discussed in class this week as well as differential share voting rights. This article shows that the FB stock-related shenanigans continue.
Now, how can I be one of those non-employee board members that decide to pay themselves $500,000 without any formal shareholder process?
http://m.themalaymailonline.com/money/article/facebooks-zuckerberg-chided-by-judge-over-board-pay