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Mark Zuckerberg works for the Board and Share price That’s it That’s the only thing he can do, he has no other options. There’s no world where he can focus on
by AndrewKemendo 4y ago
Mark Zuckerberg works for the Board and Share price
That’s it
That’s the only thing he can do, he has no other options. There’s no world where he can focus on making anything other than more money forever and he has convinced the board that there is infinite money in the future.
Is he making the board happy?
- akhosravian 4y agoMark controlled nearly 60% of the votes for meta when ur IPOd. He’s be a fool to let go of that level of control, and if that is still true the board works for him. Not the other way around. https://www.reuters.com/breakingviews/zuckerberg-motivates-supervoting-stock-resistance-2022-10-27/ https://www.reuters.com/breakingviews/zuckerberg-motivates-s... At best the only leverage on him from the market is in reducing the stocks price, but it is not obvious to me how much that actually matters to him.
- Etheryte 4y agoZuckerberg singlehandedly owns the majority of the voting power, he can focus on whatever he feels like. The board and the share price are just along for the ride, getting sued notwithstanding.