Mark Zuckerberg Discusses Going Public, NSA Controversy, Home, ‘Moving Fast’ At TechCrunch Disrupt SF 2013
Facebook Co-Founder and CEO Mark Zuckerberg discussed a variety of topics with TechCrunch Founder Michael Arrington at TechCrunch Disrupt SF 2013 Wednesday, including his advice for Twitter as it prepares to go public, whether Android overlay Home is a failure, and his opinions on how the government handled the aftermath of the reports about the National Security Agency’s Prism initiative.
With Facebook’s stock price finally surging past its initial public offering tag of $38 per share and topping the $40 mark, Vice President and General Counsel Colin Stretch continued to sell off shares in the social network.
Russian Internet company and early Facebook investor Mail.ru Group sold its remaining 14.2 million shares in the social network in July and August, netting it more than $525 million, Ryan Chilcote reported on Bloomberg Television’s “The Pulse with Guy Johnson.”
With Facebook’s stock price finally surpassing its initial public offering level of $38 per share and even topping the $40 mark, the company’s top management continues to take advantage and sell off shares, with Chief Technology Officer Mike Schroepfer and Vice President and General Counsel Colin Stretch detailing their latest transactions in Form 4 filings with the Securities and Exchange Commission late Tuesday.
With Facebook’s stock price briefly topping its initial public offering tag of $38 per share Wednesday before closing at $36.80, will we start to see more of its top executives unload some of their shares? Chief Accounting Officer Jas Athwal revealed his Facebook stock sales in a Form 4 filing with the Securities and Exchange Commission Wednesday.
With Facebook’s stock price steadily inching up since its second-quarter earnings report, Chief Technology Officer Mike Schroepfer became the latest high-level executive to unload some of his shares in the company.
First, there was the ongoing unhappiness from shareholders over Facebook’s stock price. Now, two comics have parodied Facebook Chief Operating Officer Sheryl Sandberg‘s Lean In: Women, Work, and the Will to Lead with their own take, Lean Over: Women, Work, and Women’s Work. What’s a COO to do?