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A comment on Facebook shareholders are getting fed up with Zuckerberg but can’t do anything. Parent comment

Re:Facebook shareholders are getting fed up with Zuckerberg ... by ChrisCinelli on Wednesday April 17, 2019 @04:02PM (#19685967)
To be more specific, I think FB could reach the valuation that it did because Mark Zuckerberg's voting power, not despite it.

He had explicitly talked about the average SV' short term mentality multiple times: "It's still a little short-term focused in a way that bothers me," Zuckerberg says of Silicon Valley. "There's people who want to start a company not knowing what they want to do, or just to flip it." ( https://www.forbes.com/sites/tomiogeron/2011/10/31/mark-zuck... )

When it is time to cash out investors do whatever they can to pump up the valuation of a company even if it ends up creating handicaps for the future. When that happened to FB, Mark Zuckerberg was able to oppose to it.

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Re:Facebook shareholders are getting fed up with Zuckerberg ... by munk-a on Wednesday April 17, 2019 @07:46PM (#19687422)
This is sort of just the wide-spread symptom of the free-market-ish system practiced in America. Everything is being reduced to how to maximize RoI, reduce the cycle to realize that RoI and ensure that RoI will be realized. Going for a profit isn't a bad idea from a company, but focusing a company on achieving a localized maxima of profit misses out on the larger benefits long term planning can yield.
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Re:Facebook shareholders are getting fed up with Zuckerberg ... by travisoneill1 on Wednesday April 17, 2019 @09:08PM (#19687864)
While it may be bad for individual companies, their failure does not prevent somebody else from doing whatever it is they failed to do because of short term thinking.
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Re:Facebook shareholders are getting fed up with Zuckerberg ... by tomc1985 on Wednesday April 17, 2019 @10:37PM (#19688294)
No, but an excess of business moats and outsized legal departments very often do
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Re:Facebook shareholders are getting fed up with Zuckerberg ... by phs318u on Wednesday April 17, 2019 @09:06PM (#19687852)
If Zuckerberg has a long-term vision that he is driving FB towards, what is it?
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Re:Facebook shareholders are getting fed up with Zuckerberg ... by jbverschoor on Thursday April 18, 2019 @02:24AM (#19689141)
He doesn’t. He has always run Facebook as a copy of current trends..

Fb was like Friendster/MySpace then it copied twitter then they bought ig and copied stuff from there. Snapchat.

So just look what the trend is. And currently there is ig and messaging. So you see they’re putting back messaging in the main app bc people have abandoned messenger.

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Re:Facebook shareholders are getting fed up with Zuckerberg ... by anticensor on Thursday April 18, 2019 @03:17AM (#19689322)
A society with no privacy. Not just at the Facebook, no privacy anywhere at all.
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