Facebook CEO Mark Zuckerberg has so far been unable to sell stock in the firm. It is estimated its plunging stock price has so far cost him $10bn |
Everyone knows that the person in that picture is the founder of Facebook
Inc the most well-known social media network in the world. And, everyone knows
that that is also the CEO of Facebook Inc. Mark Zuckerberg is one of the
youngest billionaires in the world and was kick out of school because a few
problems. It appear to be that Mark is going to have the same story as our beloved
late Steve Jobs (APPLE CEO) after his company’s stocks is not looking as good
as before. He looks to be another brilliant guy that will be force to leave
their own company after failing to discover the “wrong” in his business lately.
Dustin Moskovitz, one of five Facebook co-founders, has sold another 450,000 of his shares in the company |
Remember one of Facebook co-founder, Dustin Moskovitz, he is making such
selling process lately with his Facebook stocks. Daily Mail has eventually discovered
that Dustin is busy selling out his Facebook stocks from August 17 until the
latest August 29. It appears to be more than 450,000 stocks has successfully traded
by him in only the month of August. It looks like Dustin has taken an early
step to avoid making loss as what happen to Mark Zuckerberg where he lost more
than $10 billion in a short period of time.
Right now, the young billionaire must find a way out of this problem quickly
as the company’s shares are decreasing more than 50% compared with its first
IPO. Facebook is not making profit but vice versa. Mark’s credibility to bring
back the company is in deep question because people believe that not everyone
is Steve Jobs and sometime they can also be a “Jerry Yang”. In the Mark Zuckerberg situation, only time will tell but people
predict that this smart young entrepreneur will find the solution even though
that it does not seems to look like it’s going to happen.
I believe that with the recent history with greatness surrounding it, this CEO of the largest social network media will find the right equation for the right problem his surrounded.