3 ms·

I would argue against that argument. Arguably, Zuckerberg was instrumental in getting FB to where it is today. It is not inconceivable that protecting him is pr

I would argue against that argument. Arguably, Zuckerberg was instrumental in getting FB to where it is today. It is not inconceivable that protecting him is protecting shareholder value.

Slartie 5y ago
From which alternate reality, where you were able to observe how a Facebook "fork" governed in a non-dictatorial fashion has turned out, did you learn this "arguable" information?
- A4ET8a8uTh0 5y ago
  I am genuinely not sure why this is a controversial statement. Allow me to rephrase this in a very quantifiable way. FB IPO opened at $38 ( https://www.fool.com/investing/2019/11/17/if-you-invested-5000-facebook-ipo-how-much-have.aspx https://www.fool.com/investing/2019/11/17/if-you-invested-50... ). Today it trades at $346 ( https://finance.yahoo.com/quote/FB?p=FB https://finance.yahoo.com/quote/FB?p=FB ). That is 9 times the initial investment value. Now, we can argue how much of that increase should be given to Zuckerberg in the form of credit for directing the company, but I am relatively certain that the answer is not zero. I stand by my initial post. It is very much arguable. edit: Hatred of Zuckerberg really should not be blind. I mean there is enough there to dislike him for. There is no need to invent stuff.
  - croes 5y ago
    "That was on Thursday. What did he do on Friday?"
  - bostonsre 5y ago
    > It is one thing for the media to say false things about my work, but it's crossing the line to say I'm riding an electric surfboard when that video clearly shows a hydrofoil that I'm pumping with my own legs. Just read that incredibly smug quote from him in response to the many recent articles critiquing Facebook.. It is not blind hatred, I would say it is very well targeted hatred of someone who has an enormous impact on the world while only caring about Facebook. His denial and stubbornness is approaching that of a very recent ex president. https://m.facebook.com/photo.php?fbid=10113917270654841&set=a.529237706231&type=3 https://m.facebook.com/photo.php?fbid=10113917270654841&set=...
8note 5y ago
That was then and this is now. As they say, past performance is no guarantee of future results
- A4ET8a8uTh0 5y ago
  I think you are right. It is not a guarantee, but in real life there are no guarantees. However, there are ways to make things more likely. And given that one of the best predictors for what person will do is what they have done..investors would likely be more assured that FB is with Zuckerberg at the helm than not.
bostonsre 5y ago
> Arguably, Zuckerberg was instrumental in getting FB to where it is today. I agree that it would not be where it is today, but they are a troubled massive corporation beset on all sides by issues. They duck and dodge any issues and responsibility without fixing root causes. He definitely helped with the rise, but he will definitely also be responsible if it falls.
izelnakri 5y ago
He could have protected himself by making his shares the same voting rights as common class and not selling them, signalling his loyalty to shareholders. It should be illegal to issue shares to public with lower voting rights in my view. Our world would be a different place if google/facebook had only one type of voting class and I dont think what I view is strictly political.
- intended 5y ago
  Sadly, our world could be decidedly worse as well. I used to discuss putting obvious skinnerian and behavioral systems in games as a joke back in the day when Diablo 2 came out. Years later what I thought as an awful joke was the mobile gaming business model. There are many jokes I can make about how to run Facebook more “efficiently”. How to take the wrong lessons from the many, many business propaganda efforts that have been successful. Sorry, at this point I am a bit disheartened just thinking about it. I was trying to connect to your point, but I really can’t thin of anything positive to say anymore.

I would argue against that argument. Arguably, Zuckerberg was instrumental in getting FB to where it is today. It is not inconceivable that protecting him is protecting shareholder value.

Slartie 5y ago

From which alternate reality, where you were able to observe how a Facebook "fork" governed in a non-dictatorial fashion has turned out, did you learn this "arguable" information?

A4ET8a8uTh0 5y ago
I am genuinely not sure why this is a controversial statement. Allow me to rephrase this in a very quantifiable way. FB IPO opened at $38 ( https://www.fool.com/investing/2019/11/17/if-you-invested-5000-facebook-ipo-how-much-have.aspx https://www.fool.com/investing/2019/11/17/if-you-invested-50... ). Today it trades at $346 ( https://finance.yahoo.com/quote/FB?p=FB https://finance.yahoo.com/quote/FB?p=FB ). That is 9 times the initial investment value. Now, we can argue how much of that increase should be given to Zuckerberg in the form of credit for directing the company, but I am relatively certain that the answer is not zero. I stand by my initial post. It is very much arguable. edit: Hatred of Zuckerberg really should not be blind. I mean there is enough there to dislike him for. There is no need to invent stuff.
- croes 5y ago
  "That was on Thursday. What did he do on Friday?"
- bostonsre 5y ago
  > It is one thing for the media to say false things about my work, but it's crossing the line to say I'm riding an electric surfboard when that video clearly shows a hydrofoil that I'm pumping with my own legs. Just read that incredibly smug quote from him in response to the many recent articles critiquing Facebook.. It is not blind hatred, I would say it is very well targeted hatred of someone who has an enormous impact on the world while only caring about Facebook. His denial and stubbornness is approaching that of a very recent ex president. https://m.facebook.com/photo.php?fbid=10113917270654841&set=a.529237706231&type=3 https://m.facebook.com/photo.php?fbid=10113917270654841&set=...

8note 5y ago

That was then and this is now. As they say, past performance is no guarantee of future results

A4ET8a8uTh0 5y ago
I think you are right. It is not a guarantee, but in real life there are no guarantees. However, there are ways to make things more likely. And given that one of the best predictors for what person will do is what they have done..investors would likely be more assured that FB is with Zuckerberg at the helm than not.

bostonsre 5y ago

> Arguably, Zuckerberg was instrumental in getting FB to where it is today. I agree that it would not be where it is today, but they are a troubled massive corporation beset on all sides by issues. They duck and dodge any issues and responsibility without fixing root causes. He definitely helped with the rise, but he will definitely also be responsible if it falls.

izelnakri 5y ago

He could have protected himself by making his shares the same voting rights as common class and not selling them, signalling his loyalty to shareholders. It should be illegal to issue shares to public with lower voting rights in my view. Our world would be a different place if google/facebook had only one type of voting class and I dont think what I view is strictly political.

intended 5y ago
Sadly, our world could be decidedly worse as well. I used to discuss putting obvious skinnerian and behavioral systems in games as a joke back in the day when Diablo 2 came out. Years later what I thought as an awful joke was the mobile gaming business model. There are many jokes I can make about how to run Facebook more “efficiently”. How to take the wrong lessons from the many, many business propaganda efforts that have been successful. Sorry, at this point I am a bit disheartened just thinking about it. I was trying to connect to your point, but I really can’t thin of anything positive to say anymore.