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I'm wondering if this pressure was in response to the 20% decline on FB stocks. Its as if the shareholders looked at their portfolio in search of companies acq
by sreyaNotfilc 8y ago
I'm wondering if this pressure was in response to the 20% decline on FB stocks. Its as if the shareholders looked at their portfolio in search of companies acquired that could fill that void.
- wereHamster 8y agoFacebook didn't lose any money they need for day-to-day operations. The company lost value in the eyes of its shareholders, that's all. Facebook doesn't need to fill any void, as there is none.
- xkjkls 8y agoNo, this has been going on for awhile now, especially when you look at the high profile defections of many of the original WhatsApp executives.
- zilian 8y agoWhy does a 20% decline in one day of trading matter after such a bull run-up since IPO ? Its just a tiny warning.
- sreyaNotfilc 8y agoMaybe its my warped understanding of how multi-billion dollar boardrooms are ran. To me, its not necessarily how well are our projects doing. Its more, squeeze out the most we can get from every asset and then squeeze for more. I understand that Facebook will run just fine with or without the 20%, but I can imagine hearing this news and then looking around the room to find what acquisitions haven't performed well. Almost like a "What have you done for me lately?" vibe. Yes, its a bit warped to think that way (but fun too).
- brisance 8y agoThe shareholders can't do anything because they don't have the voting power to effect any meaningful change. It's still Zuckerberg's company and will continue to be until they amends its articles/charter.