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Investors don’t want to touch Zuckerberg because they simply cannot. He has enough shares to be unremovable.
by philistine 6y ago
Investors don’t want to touch Zuckerberg because they simply cannot. He has enough shares to be unremovable.
- save_ferris 6y agoI don’t believe this is true. If an Icahn-like activist investor shorted FB and successfully triggered a mass sell off tanking FB stock, it would be really hard for Zuckerberg to survive that pressure, and he’d be financially incentivized not to. You’re right in that the board doesn’t have the power to oust him, but collective investor action could. It’s hard to find people who want to rattle one of the most consistently performing tech stocks, though. Unfortunately, I think the chance of something like this happening is nil.
- throwaway98797 6y agoDo you think zuck cares if he’s worth 100b vs 20b?