Facebook's Stock Continues to Plummet: Should Mark Zuckerberg Step Down as CEO?

Ah last time I checked its His company!! Congrats Mark Keep ON Keeping ON Brother.. What do you all know about running a business? He can hire the best consultants the best there is to turn a profit its not the profits that makes the company its the company.. Google ihas become to complicated for most everyone to understand in the first place, just like the rest of the world.. Seems to me this is his company if you all have problems with his company then you should contact google with your great solutions.. Oh yeah these surverys are lame.. What do you all know or care about Google just sitting around looking for ways to stir up trouble.. Be part of the solution.. Peace out..

Sorry for my language but he Needs to get the f*** out of there before he crashes facebook into the side of a mountain! Thumbs up if you agree

There is no need to panic! Bain Capital can always take it over if the going gets too tough! LOL !

Take the money and run. It's the American way!

Stock price is a poor metric for evaluating CEO performance. Blame the investors. The only way a case could be made is if Zuckerberg withheld information that would have affected the initital stock price.

hey face book is on the way out as more ppl figure out it is how the govt keeps track of them!!!its marks show let him pull the plug!

The guy sold shares right after he bought them. All he wanted was a quick buck. He needs to take his "greedy profits" (which I notice Dems don't complain about as long as he makes his political donations to Dems) and go sit on a beach and work on his Friends list.

Here is what I see happening in this ridiculous move. Investors already knew the potential and assumed that once they bought their shares, they would have a collective voice that Zuckerberg would listen to.
If you have a facebook account and previously had a myspace account, you will understand where this is going. The investors want to take advantage of paid advertising space that Facebook has kept extremely low key for it's epic sized membership. If a new "veteran" CEO took over, Facebook would go the way of MySpace with ads for everything impeding actual usage of the features. Yeah, there are still members that use MySpace, but the ads slowed everything down before membership and usage reached the same levels as Facebook.
Basically, since facebook kept ad space to a minimum and offered good features, it grew larger than other similar sites. The investors want to take advantage of the fact that companies will pay a lot to place their ads in front of so many people, but in the process it would eventually kill Facebook and make way for the next web application that didn't swamp us with ads.
So, no, Mark shouldn't step down unless he wants to watch his creation go down the toilet.

People should know when to stop.He doesn't.

I'm amazed that anyone bought the stocks at the IPO. What kind of person would buy stock in a company that offers their products for free and doesn't sell anything?
Facebook needs to change its business model or else it will collapse.

I believe the article explains my decision.

And a hardy "f*ck YOU" for forcing that "timeline" crap on us....

He is in so far over his hoodie it's pitiful. He has passed his knowledge level of company building and needs to turn it over to someone with that knowledge or he will run it into the ground and the board will be forced to remove him.

His company....his right to stay with the sinking ship (if that is really the case).

LOL, not "his" company anymore, he went public. Entirely new game now.

Oh yeah...I guess you have a point there. I'm not sure facebook is sinking though. I think it's just going through an adjustment period now that people can sell their shares and the stock will rise again. I've actually thought about buying a few shares in the hopes that it will.

why the hell should he? It is, after all his company !

Not his company anymore, its a public company, whole new game with new rules.

Buying stock is a gamble and those who were smart enough got in & got out.
How would replacing the creator make it better?
If they were that damn good,.... they would have come up with the idea themselves.

I didnt like the choices, so I picked not sure. Im sure, Facebook should never have gone public!!! This is pure greed and stupdity on Zuckerberg part. If something is not broken dont fix it.

If it weren't for Mark Zuckerburg, Facebook wouldn't be the giant it is today. He was the genius behind the company. The IPO was overpriced, but that wasn't his fault. Morgan Stanley was the lead underwriter, and there is a question about full disclosure of Facebook's decreased revenue from the widespread use of mobile devices. There was disclosure, but MS gave more fully detailed disclosure to big investors.

In any case, there was a lot of hype about the IPO, and many smaller investors were expecting a big pop in the share price, but they didn't get much of a pop on day one. If you're going to trade in the stock market for short term gain, you had better know what you're doing.

Genius for CIA to watch us :/ and openly admit it

They really need to investigate thoroughly the IPO offering. It was hyped and information was withheld that would have brought down the initial price. Zuckerberg made a killing on it selling some of his shares and could care less about what happens now unless they investigate.

sounds like junk stock sales to me

I bought FB when it came out and when it dove right away the news was it was highly overpriced and was worth about $20. It seems to have settled in at that. I sold it at $27 and glad I did. Couldn't believe it - thought it was another Google. haha So much for gut feelings. Zuckerberg should stay - it's his baby. Maybe some expert advisors with his decision being the final one.

The Facebook stock was a cashout scheme... Facebook isn't going anywhere any time soon but the time to make money off of it was running out. They hyped it, sold it and now they get to skip off into the sunset.

Sorry, but the failure of the IPO isn't the only issue in running a company. No doubt Zuckerberg got some bad advice, but that doesn't mean he must step down. As founder of the company, he perhaps should have picked more knowledgeable people and a broader group of people to listen to.

I own no interest and am only a user of Facebook so I really don't have a stance on the issue of whether Zuck should step down. I assume Facebook has a BOD and if so it is up to them. The Facebook IPO was hyped to the hilt by the news fabricators ( what I call the mainstream media) and investors should have done their homework instead of buying into how the media tells people what to think. FB does not make a tangible product like Apple does. It in and of itself is media and derives the bulk of it's revenue from advertising and a little bit from gaming. Not the shiniest nugget of business models here folks. Those who lost need to get over it, quit wigging out and move on.

since it was the wall street banksters who over sold this IPO.. I would say.. anyone stupid enough to invest is just getting their personal share of what Obama has done to this country.. lots of hype.. and at the end of the day.. all either one has produced is $$$$ that is red

What I want to know is, why did Facebook go public in the first place?

I could care less. I wasn't stupid enough to buy into the Facebook stock hype. In fact, I've all but stopped using my FB page ---- boring!

Big Z needs to go to jail for his violations of the federal trade laws - he must have known his company was telling lies about how many members they have .
he should also face charges for his illegal campaigning with + for Obama in the past 2 years ....he is exactly the kind of Wall Street bad guy democrats bitch about but he is also above the law because he is an Obama insider !

If any one who creates a an IT then runs we do not want him. He has not paid taxes and shifted the places to avoid home taxes so who pays these I think any who is not patriotic has to leave the place quit the seat and hide in the cave I thank you Firozali A.Mulla DBA

I really don't care if he steps down.

He stole facebook from two other guys, he's a thief......

Just because you think of something doesn't mean you own it. The first guy to think, "one day men will fly" does not own copyright on airplanes. Still, it's impossible to prove that the twins were the first to think of the idea of facebook. Blogger, Myspace, Live Journal, were all ready popular before Facebook came out, so it's not like Facebook was even an original idea. What makes facebook unique is the code it is designed with, and that was all Mark's idea.

When he got married it all started to come down.

Its his business he can do what he wants....I say stay and sack anyone that doesn't support you....you've got staff undermining you and they have to go go go!

Makes little difference who the CEO is, this little website will continue on until a new fad
replaces it.

Zucker sold his little thingy for a pile of dough, and the Wall Street Reagan Banks and Brokers made a $Billion or so in fees and "gains", selling the stock they paid pennies for to your 401k and Mutual Fund for $32 Bucks a share. Now, just like the Dot-Com bust, there is no more room to hide the elephant in the parlor, so the stock will drift to it's actual worth, which is probably around $6-8/share. The profits were made from monies of the innocent
who never knew they even had a share of this misadventure.

Personally, I love the da Zuck. Selling FB short was the easiest money I have ever in the market. Pity the fools that didn't do their homework!