Isn't that how Facebook is ran too? Basically Zuckerberg's private company, that in theory is public?

zardo 28 minutes ago | parent | next [-]

Though (at least to my knowledge) Zuckerberg doesn't have a history of abusing his authority to make deals that advantage other companies he owns at the expense of Facebook.

E.g. SpaceX buying up large numbers of Cybertrucks Tesla couldn't sell at MSRP, not even negotiating a good fleet sale deal.

	▲	radicalbyte 18 minutes ago \| parent [-]
		Where did that $70B from the metaverse go to?

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grassfedgeek an hour ago | parent | prev | next [-]

Right, if Meta had good governance Zuck wouldn't have been allowed to invest so much in Metaverse.

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stefan_ an hour ago | parent | prev | next [-]

Facebook is still a Delaware company, with lots of established case law for what Zuckerberg can and can not do, voting majority or not. SpaceX is now some Texas corporation with a state legislature ready to enable whatever Musk wants.

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tonetheman an hour ago | parent | prev | next [-]

[dead]

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jdgoesmarching an hour ago | parent | prev [-]

Tech bros reinvent autocracy