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He started a business with 100% ownership and traded it away bit by bit for cash from investors and compensation for employees all in mutually agreed exchanges.
by mrep 9y ago
He started a business with 100% ownership and traded it away bit by bit for cash from investors and compensation for employees all in mutually agreed exchanges. Meanwhile, this business also started selling advertisements in mutually agreed exchanges which turned out to be very lucrative. After years of doing this, his business has now become wildly lucrative and the average investor would pay 72B for the shares that he has left (which will pay out the future returns of his lucrative company).
- sp332 9y agoFacebook has been sued for click fraud, illegal ad targeting, underpaying employees, and privacy violations. They've been criminally charged with misleading regulators and for other privacy violations. I don't know if the majority of the market share was gained with underhanded and illegal tactics but some of it was.