Zuckerberg obviously doesn't give a shit what public investors think, and rightly so. You can't lead a world-changing company in growth stage by kowtowing to what "the market" thinks. Instead he will do what he thinks is best for Facebook, and if it works, the stock price will go up, if it doesn't, it will go down.
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Zuckerberg obviously doesn't give a shit what public investors think, and rightly so. You can't lead a world-changing company in growth stage by kowtowing to what "the market" thinks. Instead he will do what he thinks is best for Facebook, and if it works, the stock price will go up, if it doesn't, it will go down.
post-IPO, if he simply "does what he thinks is best" without board approval and the stock price goes down, he'll get sued by shareholders
Who said anything about "without board approval"?