@Rak 235881 wrote:
Reports that he will sell his 2.38% stake.
He has a worth of about a billion right now. Sell the stake, make another 2.38 billion.
He invests quite well, into Zynga as well. Knows his tech stocks and start ups.
What will be interesting , and I hope doesn’t happen is if zuckerburg is actually going to eventually charge people to use facebook, this would be a silly move.
But it has been floating around the news because he’ll have to make profits when floating, I thought zuck would actually never take facebook to the stock market. He said in web 2.0 interview he wouldn’t. Which I thought was a smart move stocks aren’t what they used to be even facebook may feel the crunch in the termoil.
I personally think he shouldn’t float it , if they loose money in a downturn we might be getting charged for facebook which wont be good for anyone.