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

by mrosen814 Posted 2012/08/20 19:00:00

Related Topics: Facebook, Mark Zuckerberg

432 votes
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	No way! Everyone needs to chill out.	144 votes	33%
	Yeah. Sorry, dude, but you're in over your hoodie.	185 votes	43%
	Not sure.	103 votes	24%

As Facebook's stock price continues to hit new lows, some investors are questioning whether Mark Zuckerburg, Facebook's founder and CEO, is still suitable for the job.

A Los Angeles Times story quoted four such investors, who say "Zuckerberg should remain as a creative force, but the company should hire an experienced CEO to run things." What do you think? Should a more seasoned CEO replace Zuck?

MASHABLE.COM reports:
Should Mark Zuckerberg cede to some investors' demands and bring in a more seasoned exec as CEO?

reports mark zuckerberg cede investors demands seasoned exec ceo poll

+15

Add a comment above

Fef 2012/08/20 18:52:00

No way! Everyone needs to chill out.

+12
Nobody should have believed the stock price. I blame the investors and the market. Zuckerberg did an excellent job of creating value -- they mis-priced FB.
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More polls by mrosen814

bpf 2012/08/22 03:16:26

Not sure.

Doesn't matter he got his billions if everyone one else loses that's too bad for him and his Pal Obama who helped pump him out in the press.

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Stephen 2012/08/22 03:16:16

Not sure.

+1
All I know is, if he didn't get so greedy at the start of the I.P.O. Things would be alot better for all. I'm sure he isn't making any friends in the workplace right now. It's almost time for them to be able to sell their stock. For maybe $18.00 a share if their lucky.

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jubil8 BN-0 PON 2012/08/22 02:35:24 (edited)

Not sure.

+2
Actually, I don't care.

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Che Guevara - Hero 2012/08/22 02:06:58

Not sure.

Who were the dumb asses that shelled out money for Facebook stock in the first place ?

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3377479 2012/08/22 01:56:55

Yeah. Sorry, dude, but you're in over your hoodie.

+2
Yeah get rid of him! HE FORCED THE TIMELINE ON ME!

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evangelism_vision 2012/08/22 00:17:59

No way! Everyone needs to chill out.

I could care less what happens to FaceBook. I don't go there any longer and if if falls and dies, Someone else will come along and that's called Capitalism

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JERSEYDUDE to evangel... 2012/08/22 01:34:31

there is no capitalism there is only crony capitalism

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evangel... to JERSEYDUDE 2012/08/22 01:57:59

Sound like one of those Third party people. WHATEVER

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dennisg40 2012/08/21 22:05:09

Yeah. Sorry, dude, but you're in over your hoodie.

This guy is nothing but a fluke who really invented nothing he just did something different with the internet and yet people thought he was a genius. Well all he is in reality is a con man in my opinion who attracted fools for investors. He simply went to Harvard and then came out and hit the lottery off other people's backs so he will never have to do a day's work the rest of his life end of story.

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Joker~R... to dennisg40 2012/08/22 01:28:43

That's the way it goes. Somebody has an idea, good or bad, and if there's a market for it, the idea can turn into profits. He did good.

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TheBadOne 2012/08/21 21:44:41

Not sure.

+1
I got off FB for a while, came back, and I swear it's worse than before the IPO was offered. I think a bunch of fashionable investors thought getting the IPO would make them look cool and are now reeling in the fact that there's little to be gained from a network that isn't as reliant on ads as MySpace or even the almighty SH is. If they get a function that works consistently on all platforms, that would be a start. I'd also suggest they offer FB intervention for the people who make 24,533 posts a day about how their dog farted but it is what it is.

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Frank 2012/08/21 20:54:10

Not sure.

+3
When facebook issued stock I laughed and told everyone buying facebook was throwing your money away.....

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EdVenture to Frank 2012/08/21 21:02:46

+1
He followed Romneys playbook to suck the bucks out (in this case his own business), his partner left the country, with the cash, wonder why?

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Frank to EdVenture 2012/08/21 21:23:48

+1
Seriously, what does Romney have to do with what was said? I could say the same thing about the Solyndra execs, that our current regime gave hundreds of millions to, and they took the money and ran with no repercusions. hey are all the same Republican or Democrat. Facebook provides nothing to the public, and in the long run it will die on the vine just like the hoola hoop did. Want to invest your money smart buy Railroad stock, without them we are in lots of trouble.....

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Different 2012/08/21 20:15:53

Yeah. Sorry, dude, but you're in over your hoodie.

Buh-bye!

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das 2012/08/21 20:11:31

No way! Everyone needs to chill out.

+1
The captain is the last one leaving a sinking ship. But he is already rich, he doesn't need to worry.

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ZenerSix 2012/08/21 18:30:02 (edited)

No way! Everyone needs to chill out.

Could it be that the IPO was deliberately excessive so that it would fall and start a brushfire of doubt that the media could then fan into a hostile takeover? His investors knew the risks before they bought their stocks and they have no right to make demands of any kind. This is his company and if they don't like how he runs it, they can sell their shares at the current rate and move on.

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Barbi Rose 2012/08/21 18:28:14

No way! Everyone needs to chill out.

In the end the stockholders will decide but often the hype is higher then the stock prices at the end of the day!

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Sintwa 2012/08/21 17:34:52

No way! Everyone needs to chill out.

I want to see FaceBook crash and burn so we can swiftly move onto something else.

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ZenerSix to Sintwa 2012/08/21 18:34:58 (edited)

Why does FB have to crash and burn before you move on to something else? Just move on to something else.

http://www.huffingtonpost.com...

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Sintwa to ZenerSix 2012/08/21 19:16:12

Because so far it is the only way to communicate with people I know overseas, despite the fact they also have Skype. Group projects at school, ect, are all done via FaceBook. It's annoying as hell so yes, I do have to watch it crash and burn before I can move onto something else that will be of any use.

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Juan Belaunde 2012/08/21 17:16:22

Yeah. Sorry, dude, but you're in over your hoodie.

I don't think he's making a very good move on his company. He's loosing all his hard earned money that he's put his own blood sweat and tears into. Come on mark. Be more smarter of your money and stop this stock BS.

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EdVenture to Juan Be... 2012/08/21 21:34:45

Hes loosing his shareholders money he got the cash.

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Juan Be... to EdVenture 2012/08/21 22:47:01

+1
True that

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JoeM 2012/08/21 16:46:55

Yeah. Sorry, dude, but you're in over your hoodie.

One of the absolutes in business: Entrepreneurs are not Executives. The traits that make creators great are quite the opposite of what makes executives great.

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Fredrick House 2012/08/21 16:24:02

Yeah. Sorry, dude, but you're in over your hoodie.

Prick!

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Anonymouse BN-0 ~bibbityboo~ 2012/08/21 16:07:26

No way! Everyone needs to chill out.

It wasn't his fault.

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jere.chievres 2012/08/21 15:59:37

Yeah. Sorry, dude, but you're in over your hoodie.

+1
Take your money and go Mark you earned it.

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mikeeonly 2012/08/21 15:17:58

Yeah. Sorry, dude, but you're in over your hoodie.

+1
facebook has shot it's load

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dear•LT13☻ 2012/08/21 14:20:45 (edited)

Yeah. Sorry, dude, but you're in over your hoodie.

+1

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Yoru Azenia 2012/08/21 13:52:25

Yeah. Sorry, dude, but you're in over your hoodie.

I Honestly think Zuckerberg should stay on as the creative guy and hold enough power that the site doesn't get overhauled but the business stuff needs to be left to someone who understands business, ALSO I am sick and tired of people saying his choice of attire has ANYTHING to do with his inteligence

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andrew.pullman1 2012/08/21 13:41:08

Not sure.

I wonder is this the death ofvface book like my space and if so who and what will replace it

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Autty 2012/08/21 13:20:35

No way! Everyone needs to chill out.

It's just a web site. Sides he started it. And hiered CEOs tend to not care about anyone else does anyone really want Facebook becoming a big company

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thє вluє wαndєrєr 2012/08/21 13:19:31 (edited)
TommyB to thє вlu... 2012/08/21 15:39:24

+1
It's good to know that someone else out there agrees with me.

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Mr. Wonderful 2012/08/21 12:43:13

Yeah. Sorry, dude, but you're in over your hoodie.

Facebook is and always was nothing but a time waster. How this punk turned into a billionaire by offering losers something to do online beats me. Of course the same could be said about Youtube, Soadhead and others. Yeah, I have a Facebook account, BUT, I haven't used it or visited in about six months.

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thє вlu... to Mr. Won... 2012/08/21 13:25:20
Tastentier 2012/08/21 12:38:41

Yeah. Sorry, dude, but you're in over your hoodie.

Zuckerberg is a coder who came across a good idea and turned it into something bigger. Now it has become too big for him, imho. A company the size of Facebook needs a CEO with a respectable record, as well as a respectable image. I mean, Zuckerberg doesn't exactly radiate professionalism and trustworthiness.

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the fuze 2012/08/21 12:14:54

Yeah. Sorry, dude, but you're in over your hoodie.

But that's only because I become less and less a fan of facebook, daily.

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Russian 2012/08/21 11:01:14

Not sure.

Death to Facebook!
I love facebook and hate it.
#Love&Hate

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