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> To maintain our focus on this mission, we have always been a founder-led company. ... > Today, Facebook’s board of directors is announcing a proposal to cre
by studentrob 10y ago
> To maintain our focus on this mission, we have always been a founder-led company.
...
> Today, Facebook’s board of directors is announcing a proposal to create a new class of stock that will allow us to achieve both goals. I’ll be able to keep founder control of Facebook so we can continue to build for the long term, and Priscilla and I will be able to give our money to fund important work sooner
This letter sounds like he is preparing to step down as CEO in the next 5 years. Any bets?
He'll maintain "founder control" but doesn't say he'll remain as CEO