Reply to post: Re: Meh

Facebook stockholders tell Zuck to reform voting rules as data scandal branded 'human rights violation'

Anonymous Coward
Anonymous Coward

Re: Meh

Trouble is the market is distorted. The insiders control like 80 or 90% of the voting power in the entire company, and these insiders NEVER get out. Even if every outside shareholder were to unite against the insiders in any way, shape, or form (this includes a mass sellout), it wouldn't put a dent in any unified action against the insiders. Outsider shares are essentially hollow shares that have no real power, not even if sold in protest. The only way Facebook will seriously change is through either insider (not likely) or government (also unlikely) intervention.

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