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Horizon Worlds (or whatever it's called) is probably among the biggest failures in the history of business. Any sane shareholder would oust Zuckerberg at this
by smt88 4y ago
Horizon Worlds (or whatever it's called) is probably among the biggest failures in the history of business.
Any sane shareholder would oust Zuckerberg at this point, but sadly the only vote that matters is his.
- ThalesX 4y agoI have a Quest 2 for a year now and keep trying from time to time to download the app to experience it. It's not available in my region. If that's not pure metaverse irony, I'm not sure what is.
- anm89 4y agoEvery person gets to vote by holding or not holding shares. A massive amount of people have voted against Zuckerberg and metaverse by dumping stock
- smt88 4y agoNo amount of stock selloff can get Zuckerberg fired. He has absolute control over the company.
- ksec 4y agoA few days ago I asked this exact same question. And I have been told by HN comments that in the US he would still be sued even if the shareholders have non-voting rights and Zukerberg has absolute control of the company.
- smt88 4y agoYes, but those lawsuits are rare and require them to show malfeasance of some kind. They can't sue him for being stupid.
- anm89 4y agoRight. But why do I care if I have no involvement with the company? Let's of people have majority voting rights in lots of companies. This fact doesn't seem to matter to anyone in any other scenario.