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Old 10-28-2022, 07:49 AM   #1740
flere-imsaho
Coordinator
 
Join Date: Sep 2004
Location: Chicagoland
Quote:
Originally Posted by Edward64 View Post
Looked it up and Zuckerberg owns about 13% of Meta. I would not be surprised if he is "promoted out" to some emeritus position.

He has full control because he has control of special Class B shares, which have 10 times the number of votes as common stock. He's going nowhere.

Quote:
I like his Metaverse bet. But it doesn't seem that he's gotten much from his billions of investment so far. Something needs to change there.

Or, we could recognize that he's a mediocre coder who won the lottery of being in the right place at the right time (almost literally one in a billion) and doesn't have the skills or experience to evolve Meta to commercial success.
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