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> Mark Zuckerberg, Facebook’s all-powerful founder, made a reasoned statement after this week’s wave of anger. He was ignored or ridiculed and increasingly look
by leroy_masochist 5y ago
> Mark Zuckerberg, Facebook’s all-powerful founder, made a reasoned statement after this week’s wave of anger. He was ignored or ridiculed and increasingly looks like a liability.
The article ends with this statement, and I think it's really the lede. At this point, Zuck is basically the whipping boy of multiple different power factions in the US on both the left and right. If Facebook were actually run by its board, it would probably be an easy decision to move him into a President or Chairman role and get a Dara-type person into the CEO seat. But he holds all the cards, so who knows what will happen.
It does seem like Facebook's long-term driver of value is as a marketplace platform in developing countries. Shipping Libra and announcing a strategy pivot to empowering small business owners in LDCs would be a bold move, but it seems like Zuck has never wanted to antagonize the US Gov the way that, e.g., Travis has.
It'll be interesting to see how this all plays out.