Mark Zuckerberg: The evolution of a remarkable CEO
About six months ago, critics pummeled Facebook founder and CEO Mark Zuckerberg.
He’d made questionable management decisions, or so it appeared from the outside. He’d fumbled the site’s redesign and botched the company’s terms of service agreement — moves that whipped up negative publicity and user backlash. Some people asked whether it was time for Zuckerberg to go.
Six months later, those critics have gone. The company is enjoying astounding momentum — blowing through user growth forecasts… Continue Reading
Facebook raised $37M, but not under duress
The fast growing social network Facebook confirmed today that it has raised more than $37 million in venture capital to date (something already known), but that it did not do so under duress.
The company was responding to a Times of London story that suggested Facebook was desperately in need of more servers last year to manage its growth, and that it was forced to sell a ten percent stake to Greylock Partners — in order… Continue Reading