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> Zuck will have fun explaining to the shareholders why they are spending money on this and not trying to get back to their IPO stock price. Zuck has 57% of th
by anamax 14y ago
> Zuck will have fun explaining to the shareholders why they are spending money on this and not trying to get back to their IPO stock price.
Zuck has 57% of the voting rights so listening to shareholders is a courtesy on his part.
Facebook's new engineering campus is a judgement call. To argue that he's wrong, you basically have to argue that you're better at making that sort of decision than he is.
Where's the evidence for that claim?
- ixacto 14y agoZuck has to listen to the market. If the market is dumping his stock like after the recent lock-up expired then there's a problem.
- ojbyrne 14y agoWhy exactly? He presumably has enough money cashed out that even if FB went bankrupt he'd be OK. And he controls the voting shares, so if that's what he wants, then that's what would happen.