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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (487692)	5/18/2012 6:07:41 PM
From: sm1th	Respond to of 793989

Zuckerberg didn't even want to go public. As I understand it, he didn't really have much choice. Once you have a certain number of shareholders (500?) you must make the same public filings as a publicly traded company. Once he lost the secrecy, he might as well take the $$. About 15 years ago, I inherited some stock in a private company in that situation. A few years later, they listed publicly and did not change any of their filings. They were already in effect public, just without the benefit of a real market for the shares.

To: FJB who wrote (487692)	5/18/2012 6:10:16 PM
From: MulhollandDrive	1 Recommendation Respond to of 793989

Sometimes you have to cave in to pressure and become a $billionaire.. i'm already bored with facebook and have no real interest in it anymore but i admire zuckerberg.... i have to wonder if the pressure to go public had more to do with monetizing the options for his employees rather than himself... he seems very steve jobs 'esgue' in that he doesn't seem all that attracted to the trappings of extreme wealth....although he just purchased a $7M house in sili valley....chump change for him yet another one of those asperger-like Über wealthy tech entrepreneurs, whether or not he has jobs' marketing genius is yet to be seen