5 ms·
> How the hell Zuckerberg, Meta management and shareholders sleep at night is beyond me. Well, for Zuck, it's because he likely has a severe personality disord
by lenerdenator 2mo ago
> How the hell Zuckerberg, Meta management and shareholders sleep at night is beyond me.
Well, for Zuck, it's because he likely has a severe personality disorder.
For management, it's money.
For shareholders, it's the combination of money and the fact that they can't really hold Zuckerberg accountable. He has a majority of voting shares for the company, so there's nothing any of them can really do other than sell. The problem is, if someone with any large amount of shares sells, then there's a chance that there's a panic, and they get in a position where they can't sell all of the shares and the ones they kept have dropped in value.
And really, who in their right mind would buy Meta? Do you want to be a patsy for Zuckerberg? Because unless they issue enough shares to bring his voting power under 50%, you're just along for the ride.