4 ms·
Basically no CEOs ever want to testify in front of a congressional committee. There is only downside to such a situation for the company. There is zero upside.
by harryh 9y ago
Basically no CEOs ever want to testify in front of a congressional committee. There is only downside to such a situation for the company. There is zero upside.
This is not a deeply telling datum. It is a boring an standard one.
- kaennar 9y agoWhile that may be true for regulations/ethics related appearances, this is not true for things such as funding. For example both Elon Musk and Bruno have gone before congress multiple times to discuss private space programs/ contracts and to justify their cases. Admittedly Elon did send Gwynne Shotwell several times but she is still the COO of the company. More accurately there is risk in talking to the US congress when the topic sounds more like an inquisition than when congress is asking for opinions. The matter then is why is it a risk for Facebook to discuss the CA issue? Are they worried about a witch hunt or a public ethics execution?
- dontreact 9y agoIn this case there is user trust to be gained. By refusing to appear in front of congress, mark and facebook has lost a little of my trust.
- madez 9y agoDid they have any before?