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Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman - Phones (2) - Nairaland

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Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by DonFreshmoney(m): 7:50am On Oct 19, 2018
Mklanceee:

even 2go will reject a Nigerian graduate

Oga my Bsc, MBA and Msc isn't in NIGERIA. Only 2 certificates I got from Nigeria. Bsc USA, MSc and MBA UK.
Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by Nobody: 7:52am On Oct 19, 2018
tigerclaws:
if I'm mark I'll buy all their shares and kick their asses out of my company


Why will a company allow a total stranger to have upto 30% shares on his sweat?

if na me maximum you can have is 15-20%

make someone no come tomorrow start dragging my company with me
you are talking like one who knows nothing about business. he needed those investors more than they need him since their money was use in making Facebook a global brand

4 Likes

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by peacettw: 7:55am On Oct 19, 2018
This is what happens when you place more value on intelligent quotient rather than emotional intelligence
Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by Nobody: 7:57am On Oct 19, 2018
DonFreshmoney:


Oga my Bsc, MBA and Msc isn't in NIGERIA. Only 2 certificates I got from Nigeria. Bsc USA, MSc and MBA UK.
your foundation started in the corrupt institutions in Nigeria. that is enough reason to deny you employment
Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by bodunde88: 7:59am On Oct 19, 2018
Don't think dangote stands alone;you might have an idea and not have cash to execute it.To make it grow you need more cash and in return you must attract people with cash who believe in the idea.In marks case,the investors don't want to loose cash;do you think they believe in FB?no they don't;all they care about is return on investment.

3 Likes

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by LadyHeaven(f): 8:01am On Oct 19, 2018
DonFreshmoney:
Let me kukuma submit my CV to the board, LUCK might shine on me and I become Chairman of Facebook Board. I have BSc, Infotech, MSc Computer Engineering and MBA. I also have 4 certificates in coding (C++), 2 in Software Engineering and project management.

Oga are you for real? If yes why CV drop? This is boss level

4 Likes

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by DonFreshmoney(m): 8:02am On Oct 19, 2018
Mklanceee:

your foundation started in the corrupt institutions in Nigeria. that is enough reason to deny you employment

Why are u hating Broo?? Okonjo Iweala that got to her positions now, didn't she grow up in Nigeria.. Other Nigerians likewise are doing well.

1 Like

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by DonFreshmoney(m): 8:04am On Oct 19, 2018
LadyHeaven:


Oga are you for real? If yes why CV drop? This is boss level

Lol. Trust me, becoming a chairman of Facebook Board is a position anyone will want to attain even if you have numerous chains of businesses. Yes, I will drop CV if given the opportunity.
Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by sorepco(m): 8:08am On Oct 19, 2018
But he owns 60% of the shares. Which mean those clamouring to kick him out own less than 40. How is that even possible??


Iamdmentor1:
One of the disadvantages of going public

1 Like

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by SIRTee15: 8:11am On Oct 19, 2018
Timil:
This facebook of a thing is gradually losing the aura it had some 5/10 yrs ago.

I can bet that in the next 10/15yrs facebook may prolly end up becoming another netlog, yahoo, qeep and the others that have lost their dominance.


Facebook isn't going anywhere soon...
It owns whatsapp n Instagram...
And I'm sure u use the above 2 regularly even if u dont use Facebook....
Besides, Facebook has over 2 billion users in 2017 compared with 1.4 billion in 2014....
Furthermore, they are into other stuffs like artificial intelligence, internet of things and automated driving car...
They are about to establish their own version of YouTube...
10 years ago, it's revenue was 1 billion dollars. 5 years ago, it was 5 billion dollars. 2017 revenue was 50 billion dollars.....
The world is obsessed n addicted to social media- that's the driving force and the energy pushing these internet companies....
It's got nothing to do with whether someone is active on her Facebook page or not....

8 Likes 2 Shares

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by Ugosample(m): 8:13am On Oct 19, 2018
tigerclaws:
if I'm mark I'll buy all their shares and kick their asses out of my company


Why will a company allow a total stranger to have upto 30% shares on his sweat?

if na me maximum you can have is 15-20%

make someone no come tomorrow start dragging my company with me

look at this guy cheesy grin

You think Zuckerberg can afford to have up to 80% of the current value of Facebook ? grin cheesy


And he did nothing wrong, that's what most companies in the west do......

more capital equals more growth

1 Like

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by Nobody: 8:14am On Oct 19, 2018
DonFreshmoney:


Why are u hating Broo?? Okonjo Iweala that got to her positions now, didn't she grow up in Nigeria.. Other Nigerians likewise are doing well.
I am not hating bro. with all those your result, why wait for someone to employ you when you should be dreaming of building your own brand. abi you got them using Aba method?

1 Like

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by Constantiney: 8:14am On Oct 19, 2018
tigerclaws:
if I'm mark I'll buy all their shares and kick their asses out of my company


Why will a company allow a total stranger to have upto 30% shares on his sweat?

if na me maximum you can have is 15-20%

make someone no come tomorrow start dragging my company with me
Obviously you are not him.
That is why he is a billionaire while
you are just some guy in a shithole country.
I don't know where all these kids come from.

You must think Facebook is like a
phone shop under ikeja bridge.
Did the "stranger" have "up to 30%
shares of his sweat" by stealing it?

The moment a company is listed in the stock exchange, it's no longer "your" company.

'if na me if na me' is anyone stopping you from establishing your own company?

Like a Yoruba proverb, It's very easy to prepare vegetables with your mouth.

11 Likes

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by warrenweste(m): 8:14am On Oct 19, 2018
Timil:
This facebook of a thing is gradually losing the aura it had some 5/10 yrs ago.

I can bet that in the next 10/15yrs facebook may prolly end up becoming another netlog, yahoo, qeep and the others that have lost their dominance.


Not gonna happen.. Netlog and co didn't diversify like Facebook. I hope u knw they own WhatsApp and Instagram

1 Like 1 Share

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by Ugosample(m): 8:14am On Oct 19, 2018
Mklanceee:

you are talking like one who knows nothing about business. he needed those investors more than they need him since their money was use in making Facebook a global brand

exactly

1 Like

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by legba1(m): 8:14am On Oct 19, 2018
tigerclaws:
if I'm mark I'll buy all their shares and kick their asses out of my company


Why will a company allow a total stranger to have upto 30% shares on his sweat?

if na me maximum you can have is 15-20%

make someone no come tomorrow start dragging my company with me

Bro...it's no longer "ur" company moment u go public...collect their money to drive expansion et Al..it might bbr ur invention but now they are share owners....not just holders.....Zucker should sit up or get shoved.... Tesla is an example of what share owners can do...remmember they are not even individuals

2 Likes

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by tigerclaws: 8:15am On Oct 19, 2018
Constantiney:

Obviously you are not him.
That is why he is a billionaire while
you are just some guy in a shithole country.
I don't know where all these kids come from.

You must think Facebook is like a
phone shop under ikeja bridge.
Did the "stranger" have "up to 30%
shares of his sweat" by stealing it?

The moment a company is listed in the stock exchange, it's no longer "your" company.

'if na me if na me' is anyone stopping you from establishing your own company?

Like a Yoruba proverb, It's very easy to prepare vegetables with your mouth.
chineke!
bros we dey quarrel before?

5 Likes

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by tigerclaws: 8:16am On Oct 19, 2018
Ugosample:


look at this guy cheesy grin

You think Zuckerberg can afford to have up to 80% of the current value of Facebook ? grin cheesy


And he did nothing wrong, that's what most companies in the west do......

more capital equals more growth
i doubt he can't

1 Like

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by warrenweste(m): 8:20am On Oct 19, 2018
legba1:


Bro...it's no longer "ur" company moment u go public...collect their money to drive expansion et Al..it might bbr ur invention but now they are share owners....not just holders.....Zucker should sit up or get shoved.... Tesla is an example of what share owners can do...remmember they are not even individuals


Sit-up for what exactly can u explain?
Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by DonFreshmoney(m): 8:23am On Oct 19, 2018
Mklanceee:

I am not hating bro. with all those your result, why wait for someone to employ you when you should be dreaming of building your own brand. abi you got them using Aba method?

I have my businesses. But, I want to go International, and being he Facebook chairman would boost my business brand, global popularity and international recognition.
Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by Nobody: 8:24am On Oct 19, 2018
TechCapon:
TechCapon



Mark Zuckerberg

The year 2018 is most likely the most noticeably awful year of Mark Zuckerberg's life in view of progressive information leaks driving Zuckerberg to testify before Congress, now major investors are pushing to show him out from his position as Chairman of the board. As of late, treasurers of Rhode Island, Illinois, and Pennsylvania raised marked a proposition issued by Trillium Asset Management in June.

The proposition suggests that Mark Zuckerberg should be removed as the Chairman. This is a direct result of mishandling high profile scandals and absence of transparency. Mjor stakeholders will cast a ticket on the proposal in Facebook's yearly financial specialist meeting set for May 2019. The suggestion demands investors to choose an independent executive, much the same as Tesla is doing.



Official statement from the New York City Comptroller.

“Facebook plays an outsized role in our society and our economy. They have a social and financial responsibility to be transparent – that’s why we’re demanding independence and accountability in the company’s boardroom.

We need Facebook’s insular boardroom to make a serious commitment to addressing real risks – reputational, regulatory, and the risk to our democracy – that impact the company, its shareowners, and ultimately the hard-earned pensions of thousands of New York City workers. An independent board chair is essential to moving Facebook forward from this mess, and to reestablish trust with Americans and investors alike.”

This isn't the first time that such plans have been raised to upset Mark Zuckerberg's position. In April, a similar endeavor was made, but since Zuckerberg holds 60 percent casting a ballot rights. Hence, the arrangement was unsuccessful.

Notwithstanding, this time, association of investors could get it done. A few noteworthy investors like The New York City Pension Funds that claim 4.5 million Facebook shares. The Pennsylvania Treasury holds 38,737 offers, Trillium is the proprietor of 53,000 offers, are backing the proposition.

Facebook has not yet issued any official explanation with respect to the proposition.

SOURCE:https://techcapon.com/major-facebook-shareholders-seek-to-dethrone-mark-zuckerberg-as-chairman-of-the-board/






This is why IGBO businessmen don't like taking their business public.

2 Likes

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by Rumicarter: 8:25am On Oct 19, 2018
The disadvantage of taking your company Public, The series #Empire comes to mind.

2 Likes

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by Nobody: 8:25am On Oct 19, 2018
DonFreshmoney:


I have my businesses. But, I want to go International, and being he Facebook chairman would boost my business brand, global popularity and international recognition.
you can also strive hard to take your business international instead of dreaming about what you know you will not get

1 Like

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by DonFreshmoney(m): 8:27am On Oct 19, 2018
Mklanceee:

you can also strive hard to take your business international instead of dreaming about what you know you will not get

Allow me to dream.

1 Like

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by Yoshy: 8:30am On Oct 19, 2018
DonFreshmoney:


I have my businesses. But, I want to go International, and being he Facebook chairman would boost my business brand, global popularity and international recognition.

Obviously you have the qualifications (Cert wise) but how much have you raised with your present business?

If you haven't managed a business of atleast $500M in revenue, I honestly don't think it's possible.
Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by HendrixAya: 8:31am On Oct 19, 2018
opalu:
Apple tried that when they expelled Steve Jobs from the company entirely. However when the company came to its kneels, the same shareholders came to their kneels begging him to return. That was when he restructured the company and brought in technological innovations that have changed the world. [b]Today, Apple is the only corporation in earth with $1 Trillion market capitalization. Go check it.

Just like an Iceberg, Business is 10% physical and 90% spiritual. You can copy the ideas of a person, you can chase him from there and take over, it is bound to rot just like the body without the spirit is dead. That is why all who have ever hijacked my business ideas ran into trouble and some later humbled themselves and called me to help. [/b]
confidently spewing thrash.
Amazon?
Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by DonFreshmoney(m): 8:33am On Oct 19, 2018
Yoshy:


Obviously you have the qualifications (Cert wise) but how much have you raised with your present business?

If you haven't managed a business of atleast $500M in revenue, I honestly don't think it's possible.


I may have not reach $500M in Net revenue, but overall, my 3 companies has Profit after tax of around $220M.

2 Likes

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by Nobody: 8:33am On Oct 19, 2018
DonFreshmoney:

Allow me to dream.
okay bro. dreams are free. you can afford as much as you want
Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by Nobody: 8:34am On Oct 19, 2018
the real owners have taken over.
Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by Rumicarter: 8:35am On Oct 19, 2018
chillychill:




Empire comes to my mind

I just wrote the same. Lol!
Lucious was so eager to take his company public then.

1 Like

Re: Major Facebook Shareholders Seek To Dethrone Mark Zuckerberg As Board Chairman by Goldaccumulator: 8:39am On Oct 19, 2018
this is why i will never give outsiders major post in my company

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