4 ms·
I was wrong about FB's valuation way back when during their IPO. I remember thinking, no way FB is worth that. On a side note, does anyone know off-hand how Zuc
by kombucha2 10y ago
I was wrong about FB's valuation way back when during their IPO. I remember thinking, no way FB is worth that. On a side note, does anyone know off-hand how Zuck was able to accomplish such remarkable retention of control as a founder of FB? So many founder's have lost control of their companies, yet Zuckerberg was able to use an arcane stock set-up to do this?
- majani 10y agoFacebook was a rocketship of organic growth, which gave Zuck tons of leverage with investors. He was also advised on retaining control by experienced guys like Sean Parker. Him moving to Silicon Valley also helped, because it has the most founder friendly investors on the planet.