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No amount of stock selloff can get Zuckerberg fired. He has absolute control over the company.
by smt88 4y ago
No 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.