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Atman

(31,464 posts)

5. The trouble he's got himself into...

Mon Jul 30, 2012, 01:18 AM

Jul 2012

His shareholders can sue him if the walks away and tanks the company. Which is what he'd probably love to do. He created FB as a college project, and it grew beyond what he ever intended it to be. Now he's worth billions...FUCK IT...walk away and never work again! But his shareholders would break him. They sue him for every last penny of that 10 billion. So he needs to hang on and find a way to gracefully transfer out, without freaking out investors and causing further panic on the stock. It's his company, but at this point he doesn't have that much serious power, just lots of money. He's got a Board of Directors and shareholders he has to answer to now.

That's Capitalism, kids!

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maybe Mark Zuckerberg just Doesn't Care about the STock Price that Much [View all] JI7 Jul 2012 OP

They don't care about the price of stock or the shareholders when they took their out front. freshwest Jul 2012 #1

Remember when stock was used to raise capital? jberryhill Jul 2012 #2

The American business model of constant growth is not sustainable. aquart Jul 2012 #3

Bingo! Wall st wants to run FB, so the can use it as a tool to pad their fat asses. Firebrand Gary Jul 2012 #4

The trouble he's got himself into... Atman Jul 2012 #5

Zuckerberg already beat Wall Street. pa28 Jul 2012 #6

I think people who wear suits are a very large part of the problem tularetom Jul 2012 #7

The problem is revenue, and suits can't help... TreasonousBastard Jul 2012 #8

FB offered their stock as an investment vehicle cthulu2016 Jul 2012 #9