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Comment by lenerdenator

This is what happens when you let one person control a massively influential company.

Zuckerberg should not be allowed majority voting control. No one should. He shouldn't be on the board that is meant to hold the c-suite accountable to shareholders, either.

Right now Meta is more-or-less a sole proprietorship that has the legal status of a corporation and a bunch of potential bag holders in the retirement funds who hold the parts that Zuckerberg does not. Since they don't want to have their holdings lose value, they'll carry water for him with regulators and courts, but won't ever be in a position to make him actually change his conduct with how he runs the company.

This should be illegal.

parent lenerdenator 2 months ago

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