Comment by georgeburdell
1 day ago
Facebook IPOd in 2012, after it was already used by hundreds of millions of people, and after it bought Instagram
1 day ago
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.