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In Facebook Deal, Board Was All But Out of Picture

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Re: In Facebook Deal, Board Was All But Out of Picture

#51
post #25

I love what this says about Zuck. It takes real conviction to make decisions this big and this fast. Most people would feel the need to build a faux consensus of people around them for moral support. Same thing that let him say no to his own $1 billion acquisition offer I suppose.

He's 26. He went straight from Harvard to Facebook. He still effectively controls Facebook. And he's a billionaire. I don't think he really can take a risk, in the sense that a normal person would think of a risk. As long as he doesn't do something blatantly stupid like run in front of a bus, he's probably set for the rest of his life. Instagram deal not approved, or approved but doesn't "work out"? Shrug. Still a billionaire. And I'm sure he's taken a lot off the table already so even if Facebook's value plummets, he should still be gold.

Re: In Facebook Deal, Board Was All But Out of Picture

#52
post #25

I love what this says about Zuck. It takes real conviction to make decisions this big and this fast. Most people would feel the need to build a faux consensus of people around them for moral support. Same thing that let him say no to his own $1 billion acquisition offer I suppose.

He's 26. He went straight from Harvard to Facebook. He still effectively controls Facebook. And he's a billionaire. I don't think he really can take a risk, in the sense that a normal person would think of a risk. As long as he doesn't do something blatantly stupid like run in front of a bus, he's probably set for the rest of his life. Instagram deal not approved, or approved but doesn't "work out"? Shrug. Still a bi…

You think he doesn't have much to lose because at the end of the day he's still a billionaire. I doubt he feels like that. He's got an opportunity to succeed in ways most humans never do. You could argue that he's got more to lose than most, not less.

Re: In Facebook Deal, Board Was All But Out of Picture

#53

Earlier quoted context omitted.

Doesn't work for me; WSJ must have shut it down. Though Google cache pulled through, at least for now: http://bit.ly/IIBabu

There is no need for shortened links on HN.

The cache link was crazy long. Would HN have auto-shortened it?

Re: In Facebook Deal, Board Was All But Out of Picture

#54

Earlier quoted context omitted.

There is no need for shortened links on HN.

The cache link was crazy long. Would HN have auto-shortened it?

HN displays only parts of long URLs followed by ..., for instance http://news.ycombinator.com/BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB....
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