Jim Breyer: Mark Zuckerberg’s Not Going Anywhere

Don’t look for Facebook Co-Founder and CEO Mark Zuckerberg to cede control of the social network anytime soon, according to board member Jim Breyer of Accel Partners.

Speaking at the AlwaysOn Venture Summit in Half Moon Bay, Calif., Tuesday, Breyer said about one-third of the companies backed by Accel Partners are also controlled by their founders, according to Bloomberg, adding:

Mark has always and likely always will control the board and the ownership, and that’s just fine.

Zuckerberg controls 56.9 percent of voting power in Facebook, and he said in September that he would not sell any of his shares for at least 12 months.

Readers: Could you picture Facebook being led by someone other than Zuckerberg?

Related Stories
Mediabistro Course

Content Marketing 101

Content Marketing 101Almost 60% of businesses use some form of content marketing. Starting December 8, get hands-on content marketing training in our online boot camp! Through an interactive series of webcasts, content and marketing experts will teach you how to create, distribute, and measure the success of your brand's content. Sign-up before November 10 to get $50 OFF with early bird pricing. Register now!