⚟ Dear Shareholder

By Lawrence A. Cunningham

Recommended to me by Kat Gleason on April 1, 2023 via Twitter DM.

Quotes

On shareholder letters

• ❝ The best shareholder letters treat readers as business partners
• ❝ Outstanding shareholder letters are well-written, honest, and consistently focused.

Dual class shares

• ❝ Google adopted a dual class capital structure