Zuck has unilateral majority voting power. This was probably a good thing during the financial crisis, but appears to be more of a liability these days.
Management can’t kill a company that dominates a two-sided market no matter how hard it tries —- this phenomena needs a catchy name, the ‘zombie dillemma’ isn’t quite good enough.
Zuck has unilateral majority voting power. This was probably a good thing during the financial crisis, but appears to be more of a liability these days.
Zuck having unilateral majority voting power is a core reason why Facebook is a $1T+ company.
Perhaps, yet it’s a $1.6T company nonetheless.
Management can’t kill a company that dominates a two-sided market no matter how hard it tries —- this phenomena needs a catchy name, the ‘zombie dillemma’ isn’t quite good enough.
Would it be a successful business? That is what matters in the market.