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

:\ come on
I really think it's the stock experts who kept scaring everyone away from buying because they insinuated Facebook will one day die. I think Zuckerberg created a successful business model all of these years and really got nature of social media in ways other media sites could not do. For that alone, and for the success he's had this far, why should he step down? This is like his first public "blunder". No way should he stop. His company just isn't the type of company you would normally invest in. And that was the problem here. Not Zuckerburg. I hate the way investors/media can easily discredit someone's years of hard work. "You've made a multi-million dollar business but uh---you should probably not be a CEO anymore." -_-

Besides, getting rid of him will not change any new trends that may detract from using face crack. It topped out as being one of the only social web sights and now there are more. It was only a matter of time. Pop culture moves like the tides. The best they can do now is to compete with other sites and hold onto what numbers they can keep.

He owns over 50% of the company so this is not an option (for now). If he sells his holdings at a huge loss and looses majority control, then he will most likely get ousted. This happened to Steve Jobs and Apple almost went out of business without the visionary at the helm. This could happen to FaceBook. FB is profitable and much of the noise is just that noise, very bad noise and lots more unrealistic noise. Since Obama is not saying good things about FB it may be a success since the companies backed by Obama are failing at an alarming rate.

Seriously, did anybody think that FB would last? Why go after a guy for letting what has happened, happen when it was pretty much expected. Only a fool would have invested in FB.

He made Facebook what it is. Why should he step down after all the success he's had?

Well duh, please tell us, just WHAT is Facebook?

facebook is his company. why step down when its your creation?

Why step out of his own company.....??.....this makes no sense.....when my company hits some hard spots...people don't tell me to step down......they come to me and say....what are we going to do...I'm sure he's doing the same...

People get bored with Facebook, but then freak out if anything changes. They even go so far as to complain about Facebook on their own Facebook page! So basically people are stupid.

yep and they threaten to leave facebook. End result? They stop complaining and accept the change. Or they leave facebook only to come right back.

Oh yeah those are my favorite. "I'm deleting my Facebook page. Thanks for all of the drama." Could you be any MORE dramatic? Lol

True I believe that some people are way to dramatic but it does annoy me sometimes when Facebook makes unnecesary stupid changes and my favorite is when people tell me "if you don't like it just leave" yeah thats a logical solution seeing as how all my friends and relatives are on facebook what am i gonna do make them change sites with me? Oh well atleast it pales in comparison the crap that Google did to Youtube Channel pages god those are hideous.

Haha I hear you. So true about Google. I think every big company has stuff that are a little irritating for sure. Google's privacy policies made me worry way more than Facebook's. But anyway yeah, I totally agree with you.

lol nice to know man

Yes I think it's only logical. You can keep in touch with people you really care about over the phone. It's utterly ridiculous to complain about Facebook on Facebook. If I could figure out how to use the timeline then anyone can. All it takes is a few minutes and minimal effort.

Im not saying its hard to figure out I can use it no problem I mean I am a techy what I'm saying is its ugly and clunky both reasonable complaints thats like saying its ridiculous to complain about a game online or complain about youtube in a youtube video thos are actually the places youd want to complain about them because there it is relevant. Yeah its pointless to bitch about it but making complaints that are very valid is reasonable.As I said before no its not logical because its easier on a social networking site to let everyone know something is going then calling 20 people and besides that I personnaly don't have a landline because I never needed one and don't want to waste cell minutes, I would gladly do that somewhere besides facebook IF all my family members and friends didn't use it

Zuckerberg is a failure. The Winkelvoss twins invented Facebook. Guess who stole it?

yeah but its their own fault too for not taking their website national instead they made it a stupid little private harvard thing...sucks for them!

But it was their product to do whatever THEY wanted.

legally youre allowed to take an existing product and change it up and make it your own

The patent does not suddenly change hands.

no because it woudl be a whole new patent

-_- The winkelvoss twins were not original. Social networking among schools existed for a very long time. Zuckerberg already planted the seed for getting college students together to browse eachother that got shut down. Ideas float around and evolve overtime. There's a documentary (RIP! A Remix Manifesto) about copyrights that talks about how big ideas come from other ideas--i.e the creation of Mickey Mouse. It's all about the perspective of how you approach the unoriginal idea. That's where it becomes new.

Calm down, hes not leaving.

he should of sold it when he had the chance

That, or they need to get rid of that damn Timeline and bring back the old Facebook. That might help a tad.

I think that Facebook's success got so big in his head that he rushed stupid details into Facebook and now it's not kewl anymore. It's just boring

He knew when he went public Facebook was breathing it's final breaths .
People are leaving in droves because of privacy issues.
I don't think there is a CEO on this planet that can save Facebook.

Highly doubt it

Facebook was a great idea,too bad it is faltering

It's his baby. He made it what it is. It's in our lives to stay. Where does anyone get off telling him what to do with it?

When he went public he gave up the right to decide Facebook's direction.
Facebook will soon go the way of the dinosaur...or myspace, take your pick.

I agree. But that's kind of the point of him remaining the CEO isn't it? I'm not saying its fail proof but myspace never scratched the surface of what facebook is. It's like saying google will eventually go belly up back in 1999. It's not really a fad anymore. It's a fabric of our society.

Facebook is no Google. Furthermore Google has it's own problem... Amazon.
Facebook is much too intrusive and has major privacy issues. People are leaving in droves. I give it a couple of years at the most. Most of their new accounts are from foreign countries.
We are over it! Time for something new. Maybe Mark can find another friend and steal their ideas.

Your argument made a bit of sense until you revealed that it was guided by some bitter emotion and your prediction is based solely on malevolence. Jealous, much?

You're reading something that is NOT there. I still have a Facebook account. For Now! But probably not for long. If privacy issues continue, it will be gone!
Most of us knew Facebook had outlived it's usefulness before it went public.
Just like Zuckenberg.

We all know he stole the idea from his friends. I would call what is happening to him "reaping what he has sown" .

If you were dumb enough to buy Facebook stock, don't blame me.....dump it. Better hurry, the initial investors can now sell their stock as well, meaning the market could soon be flooded with worthless stock.

Even with my limited experience in the stock market I can see how investing in something at the height of its popularity is just incredibly stupid. But it's not gonna make every girl I know stop posting pictures of their kids by the dozen and everyone of their friends from incessantly commenting on them like it's some miracle that a 2 year old can hold his own spoon. Stocks or not, Facebook still has PLENTY of purpose for the average consumer. It's not going anywhere.

Hahahahaha now that made me laugh....you do have a point there.

But I will humbly disagree....when their friends leave they will leave as well. On to the next newest thing.

Thanks for the laugh though, that was great. Think I will hit the hay now with a smile on my face! :-) Nite

Every company has its problems, everyone makes mistakes. Zuckerberg made an executive decision to share the company. Its popularity inflated the price. Investors scared everybody out of it and said the same things you're saying now. But it was all based on speculation and latching on to the trends of social networks before Facebook. Nothing more. Facebook has and is doing a good job. No company is exempt from competitors, making mistakes, etc. And any effective leader has to take a risk. Not every risk is going to turn out well, but risks have to be made. Whether Zuckerberg made a mistake in making the company public, time wlll tell. For now, I don't think the plummet in its stock means End of Facebook. Nor does it mean, Zuckerberg is meant to step down. If we back down from setbacks, we'll never get anywhere. FB has grown exponentially for 8 years. Let's see how Zuckerberg handles it. I'm sorry you're not into the privacy settings. I honestly think Google is worse with that

Thanks for your opinion. I disagree.
Facebooks popularity did not inflate the price, traders inflated the price, statistics show that Facebook was already loosing customers by the millions BEFORE they went public, any smart trader would have done their due diligence before investing.
Facebook is already passe for millions and they are losing more customers daily.
Unless they do something significant to turn around the direction this Company is going, they will be gone within 2 years, but just to be generous I will give them 5 although I don't see them making it that long.
Personally, I think Zuckenberg's RISK were calculated and minimal. The real losers are the people who RISKED their money buying into this fad!