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The point I’m making is I believe Facebook investing in itself, is better than the alternatives like returning capital. Investors in Facebook also bought the s
by quags 4y ago
The point I’m making is I believe Facebook investing in itself, is better than the alternatives like returning capital. Investors in Facebook also bought the stock, assuming they did any dd, that gives Zuck more voting rights with less shares. So until he is out or sells shares investors don’t have the same control they would under most other companies and thus really can’t decide for themselves. I believe the ceo has over 50% voting rights with under 13% owner ship. Facebook core product may not grow. Better for them to try to grow like Microsoft and have a lost decade than become the next xerox or yahoo.