Comment by ballon_monkey
1 day 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.
Facebook IPOd in 2012, after it was already used by hundreds of millions of people, and after it bought Instagram
When 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.
Or 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.
You’re saying this as if that wouldn’t have been a positive outcome
The outcome would have been like phones were before the iPhone. NFL installed on every device.
“What it is today”.
Oh, glad we managed to not miss out on the 2-sided ai slop panopticon