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> The real question is, what should Meta shareholders do in response to this stuff? What would happened with respect to the shareholders if Zuckerberg took his
by Bubble_Pop_22 4y ago
> The real question is, what should Meta shareholders do in response to this stuff? What would happened with respect to the shareholders if Zuckerberg took his foot off the gas pedal with the "Metaverse" stuff?
Meta shareholders signed up for the double class share agreement which enables Zuck to do whatever he wants.
And besides it's is kind of right, given the past execution ever since 2004 he kinda earned the right to bet the company on something new. Billions of people use the different flavors of Meta , and they do sohundreds if not thoudands of times per day. Nobody else can claim to having provided quality of life to so many people.
- tptacek 4y agoThey gave up one means they had to influence Meta's behavior: they can't vote him out. But shareholders almost never vote anybody out regardless of how the share class structure is set up. So the real question is: will they continue to hold Meta's stock?