2 ms·
Mark 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
by akhosravian 3y ago
Mark 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.