LOL
Horrible company. They are not to be trusted one bit. Massive user drop in the past 7 years. People have moved over to Instagram and Twitter. Regular facebook users have dropped and continue to drop.
They like to project themselves as a champion of progressive values and charity work, but behind the scenes Zuckerberg and his cronies are a vicious bunch of people who will stop at nothing. He tried to bully Evan Spiegel of Snap after he declined to sell Snapchat to FB and told him that he'll destroy Spiegel and snapchat. That's why they bought Instagram and Whatsapp, they probably knew that they'd see a massive slide in regular users.
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How much of Zuckerberg's wealth is tied up in Facebook stock?
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how does one do this?
Apparently he sold about $1 billion's worth of shows five weeks ago, which seems dodgy timing.Nearly all of it. His net worth is down by 9b this week alone.
Apparently he sold about $1 billion's worth of shows five weeks ago, which seems dodgy timing.
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Wouldn't surprise me if more big social media stock holders sell a portion of their shares as its becoming apparent that the whole golden era of social media is nearing an end. The very nature o social media monetization is built around collecting and selling data, so as that continues to come under scrutiny, many will make bets that Facebook and Google will see some serious headwinds. Unlike Google however, Facebook doesn't have all its marbles in one business.
They invested heavily in VR![]()
Zuckerberg is such an annoying little pip-squeak. Can't imagine enough people would vote for him if he decided to run.
how does one do this?
That's a drop in the bucket. Their core business is still ad revenue, both desktop and mobile. That is what has driven their stock up to astronomical level since 2012.
Hasn't this always been obvious? How did people think they made money - the guys worth 72 bn dollars?!