3 ms·
"And because it was never about “bring[ing] the world closer together”, they drop that mission as if they never cared. (That’s because they didn’t. At least Mar
by rossdavidh 4y ago
"And because it was never about “bring[ing] the world closer together”, they drop that mission as if they never cared. (That’s because they didn’t. At least MarkZ didn’t, and he is the sole, unaccountable overlord of the Meta empire. A two-class stock structure gives you that.)"
Ahahahaha! As if the normal shareholder of FB, or almost any other company, would tolerate them making less money than they possibly could. There is plenty wrong with Facebook, but the two-class stock structure is not the cause, because a single-class stock structure leads to equally pathological behavior.