Even though he wears hoodies to board meetings and hosted President Obama at a town hall meeting at his company HQ, could it be that 28 year old wunderkind and Facebook founder Mark Zuckerberg is just another "vulture capitalist" ?
The circumstances around the Facebook IPO last week and Mr. Z's sudden dumping of a bunch of the stock are causing howls.
Facebook IPO: Morgan Stanley to reimburse investors ripped off by Facebook trades... as embattled social network may switch to New York Stock Exchange over bungled IPO | Mail Online
4 comments:
I don't understand why Zuckerberg had stock options instead of just owning the stock like he did from the inception. He had to pay ordinary gains on his stock options and FB gets to deduct them. That is net zero for Uncle Sam. But the tax for Yuckerberg is due shortly so he had to sell some of it.
It is the secret change in ratings that were not released to everyone that is the big issue.
To answer the question posed? Yes ... probably he is.
I always thought Facebook was another whizbang gimmick destined to fail or at least not be as big as it was projected to be ... we shall see - maybe another dot.com
about to burst???
Zuckerberg can't be a greedy punk. Only friends of Republicans are greedy. Friends of Obama are feeling people who love little animals and green things.
Yes and maybe fools like us will be kicking ourselfs for not buying in? Hard to tell. It's called capitalism.
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