Episode 02 / File 002Documented
The Google File
Research origins, intelligence links and who holds the votes
Follow the Stanford footnotes, the Keyhole investment and Alphabet's voting power in one episode dossier.
Updated 2026-10-22

Open the rulebook
The share is not the vote
Alphabet's 2026 proxy describes three classes: Class A has one vote per share, Class B has ten, and Class C has no vote on the annual-meeting matters described.
A company's name on an investment list tells you there is a stake. It does not tell you what the stake can do. The voting rules are the translation layer between owning an asset and directing an organisation. Read them before declaring who runs the place.
Some tickets get you a seat. Others come with the steering wheel.
Count the votes
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