4 ms·
Facebook would never have become what it is today if Zuck had lost control of the voting. It would have been sold 10 times over and prob not exist today. I susp
by ballon_monkey 2mo ago
Facebook would never have become what it is today if Zuck had lost control of the voting. It would have been sold 10 times over and prob not exist today. I suspect the same could be said for Mask and his businesses.
- georgeburdell 2mo agoFacebook IPOd in 2012, after it was already used by hundreds of millions of people, and after it bought Instagram
- ballon_monkey 2mo agoWhen FB was private Zuck had 57% of class B voting right stock. He retained this on IPO. My point is, if he did not have control over voting, before/after IPO, FB/Meta would not be where it is today. He prevented Ads being on FB for many years operating at a loss to grow FB while shareholders complained wanting to shove Ads all over the place.
- notfromhere 2mo agoYou’re saying this as if that wouldn’t have been a positive outcome
- mensetmanusman 2mo agoThe outcome would have been like phones were before the iPhone. NFL installed on every device.
- ulfw 2mo agoOr maybe Facebook would still be a valuable destination and instagram still a great product for sharing photos instead of god knows what Zuckerberg has done to them now. instagram being a cheap tiktok clone is frankly an insult.
- MASNeo 2mo agoInstagram is stealing my wife. Literally, the mental rot it inspires from echo chambers makes sensible human conversation sadly very hard.
- te_chris 2mo ago“What it is today”. Oh, glad we managed to not miss out on the 2-sided ai slop panopticon