alt Hacker NewsWhat are the odds that Zuckerberg would still be CEO if he didn't have a majority stake in the company? From the outside it seems like he has made one terrible financial decision after the next. Can anyone be surprised that things aren't going smoothly given his track record?
Replies
milesskorpen • yesterday at 9:48 PM
Facebook stock is up 6x in ~3 years, so the market does not agree with your assessment of his track record.
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carefree-bob • yesterday at 9:49 PM
Unfortunately looking at CEOs that don't have a majority stake but make one terrible decision after another (waves to Satya) I think odds are pretty good he'd still be around.
em500 • yesterday at 10:00 PM
You mean his terrible financial decisions of founding a company in 2004 that IPO at 104B within eight years, and now 14 years on is valued at 1.6T? Are we looking different track records?
Given that he has been running the company for many years and the valuation/profit/or whatever has gone up 100x times, I'd say the board is probably gonna be patient with the guy.
Imagine the guy made you $1.4 trillion dollars but lost $14 billions. Would you fire him?