As Facebook stock sinks, how secure is Zuckerberg's job?

http://www.usatoday.com/money/perfi/stocks/story/2012-08-18/facebook-pressures/57122450/1

by QuarkSpark • 14 years ago

6 2 14 years ago

yumraj• 14 years ago

Zuckerberg has 57% voting rights, which, unless I'm mistaken, effectively means that the board and shareholders are powerless to force a change.

So, the way I see it, it seems Zuckerberg will be CEO till he wants to be the CEO, and even if there is a change in CEO, with 57% control, Zuckerberg will have total control and the new CEO would be in name only.

programminggeek• 14 years ago

Facebook was overpriced from day one and their P/E shows it. Is Facebook going to make a lot of money and stay a very successful company? YEP! Is it worth 100x earnings at the moment? I don't know.

Right now, Apple's P/E is like 15, so FB is priced at a 6x growth premium over Apple. It's possible that FB is priced too high or Apple too low, or maybe both are priced sensibly, but if I were throwing money around on Facebook stock, I would have shorted it months ago too.

As for Zuckerburg, it's his company and he's going to run it, that much isn't going to change.

As Facebook stock sinks, how secure is Zuckerberg's job?

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