Tag Archives | Zuckerberg

Mark Zuckerberg: Give Up Facebook Control

Mark Zuckerberg, the social media titan, needs to embrace a new model of ownership and corporate governance.

As Mark Zuckerberg comes to terms with his latest public-relations disaster, he has made some interesting admissions. One is that the Facebook CEO feels “fundamentally uncomfortable sitting here in California in an office making content policy decisions for people around the world,” as he told Recode. This sentiment echoes his manifesto on the future of Facebook from earlier this year, in which he called for “a system of more local governance,” for the same reason: He can’t figure out by himself how to set standards of behavior for Facebook’s more than 2 billion monthly active users. Continue Reading →

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Facebook Inc ($FB) – Proxy Score 9

Facebook Inc ($FB) is one of the stocks in my portfolio. Their annual meeting is coming up on 6/11/2013. ProxyDemocracy.org had collected no votes when I checked on 6/5/2013.  I voted with management 9% of the time.  View Proxy Statement. Senator Warren recently called on the exchanges to block companies with unequal voting structures from listing. Too bad that didn’t happen years ago.

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