zuckerberg

Why I'm thrilled Mark Zuckerberg is annoying the bankers

Pity the investment banker.

He has gone through so much: There was the fall of Lehman Brothers and all those books and HBO movies that put his greed (isn't greed good?) in not so favorable a light; his impetuous behavior has been blamed for the financial crisis; President Obama has said mean things about him, and, worst of all, he has been forced to listen to the drum circles of Occupy Wall Street.

Now an arrogant young man comes pitching his company's initial public offering. Instead of paying homage to the rightly masters of the universe, he shows … Read more

Zuckerberg takes heat for hoodie on IPO road show

Facebook is about a week away from a near $100-billion valuation outing on Wall Street and at least one Wall Streeter is complaining about Mark Zuckerberg's attire for the IPO road show.

Bloomberg's Mark Milian quotes Wedbush Securities analyst Michael Pachter: "Mark and his signature hoodie: He's actually showing investors he doesn't care that much; he's going to be him. I think that's a mark of immaturity. I think that he has to realize he's bringing investors in as a new constituency right now, and I think he's got to show … Read more

Facebook IPO: A bet on 'King' Zuck

When Facebook executives and its bankers hit the road Monday to pitch the company's public offering to money managers, two questions will surely face prospective investors: Should we worry about the slowdown in the business? And what's up with Zuck calling the shots on, well, everything?

The answer to the first question is yes. Facebook does state in its IPO filing that "rates of user and revenue growth will decline over time." And while the company still has unprecedented reach -- an astounding 526 million active daily users -- that's a troubling harbinger given how … Read more

Is Mark Zuckerberg a risk factor for Facebook's IPO?

Is CEO Mark Zuckerberg an obstacle to his own company going public?

Fox Business News correspondent Charles Gasparino is claiming that an internal J.P. Morgan document discussing Facebook's IPO cites Zuckerberg as a "risk factor." No other details were revealed in Gasparino's teasing tweet, but the correspondent promised to reveal more information on "FBN@11am."

But beyond Gasparino's limited tweet, Facebook's own S-1 filing with the Securities and Exchange Commission highlights some potential risk factors concerning Zuckerberg.

Obviously, the loss of Zuckerberg as well as other key personnel would hurt … Read more

Facebook execs, investors to sell $5.5B in stock in IPO

Facebook is about to create a handful of liquid billionaires and millionaires.

Mark Zuckerberg and investors in Facebook plan to sell up to $5.5 billion in stock when the social-networking giant goes public in a few weeks, according to an SEC filing today. Combined, the executives and investors are expected to sell 157.4 million shares for as much as $35 each.

Zuckerberg is expected to sell 30.2 million of his 533.8 million shares, netting him about $1.1 billion, most of which will go toward paying taxes for exercising stock options. Venture capitalist and Facebook board … Read more

Facebook's 'life-saving tool' -- an organ donor feature

Facebook has launched a new "life-saving" tool, allowing its 900 million users to share their organ donation status on their timelines.

The world's largest social network now allows U.S. and U.K. users to include a life story on their profile pages, and offers a link urging users to sign up for official organ donation services in their region.

Credit: Screenshot via ZDNet

Writing for ABC News, Facebook founder Mark Zuckerberg and chief operating officer Sheryl Sandberg note how "amazed" the two were in how people use Facebook to share "billions of stories, … Read more

Facebook's next patent push: The top suspect

When Yahoo filed its sweeping patent lawsuit against Facebook, claiming that Facebook essentially built its social network on the back of Yahoo's intellectual property, Mark Zuckerberg took little time to take up arms.

In just over a month, Facebook has snapped up more than 1,400 patents -- 750 from IBM in March, and on Monday, 650 from Microsoft. It's all a swift attempt to bolster its position against Yahoo and to amass a war chest to scare off others looking to sue a company whose pockets will grow ever deeper once it goes public.

And based on … Read more

Andreessen Horowitz partners to give away half of VC earnings

Jumping on the philanthropic bandwagon that counts people like Bill Gates, Mark Zuckerberg, Warren Buffett, and others as members, the Silicon Valley venture capital firm Andreessen Horowitz says its leaders will give to charity at least half of their lifetime VC earnings.

According to a Wall Street Journal report today, the six Andreessen Horowitz general partners said their giving will begin right away.

The partners plan to donate $1 million immediately to six nonprofits in the Valley, including the Second Harvest Food Bank and The Shelter Network, which focuses on homelessness issues, according to the Journal. The partners are: Marc … Read more

Facebook IPO delay? Apparently Zuck's been too distracted

The guessing game continues around when exactly Facebook will go public.

The company had reportedly planned to start trading in mid-May, but now CNBC is reporting that it might not happen until June. The reason? Zuck's been too busy.

While Facebook's bankers have been out marketing the deal to mutual funds and other big money managers, the official road show has yet to begin. Facebook management had been eyeing to start that in early May, according to CNBC, with trading to begin the week of May 14.

But CEO Mark Zuckerberg has been busy with other matters, such … Read more

Judging Java: Google and Oracle go to court

week in review Oracle's Java patent and copyright lawsuit against Google and its Android mobile operating system kicked off this week with some familiar faces taking the witness stand.

Oracle attorney David Boies began his arguments by focusing on a particular presentation on July 25, 2005, listing "Must take license from Sun" as one of the bullet points of the agenda. Google CEO Larry Page, who testified via his video deposition, was essentially questioned about whether this presentation was written and led by Andy Rubin, senior vice president of mobile at Google (aka the father of Android), … Read more