Zuckerberg: 'Employees want to make a bunch of money'
At TechCrunch Disrupt, Facebook's CEO says he knows that prospective employees want to make money -- so the company is offering more shares. But he wants them to stay and "double down."
SAN FRANCISCO--Facebook CEO Mark Zuckerberg said that in order to take his company where he wants it to go, he knows that he needs to help prospective -- and current -- employees "make a bunch of money."
Facebook's mission has been to build a great service and to put that mission in front of profit margins, Zuckerberg told a packed audience at TechCrunch Disrupt today (see CNET's live blog). The idea, he said, is that building a great service and a great company go hand in hand. And getting great employees to help with that mission means acknowledging that they want to cash in.
That means that as the company's stock price has gone lower, Facebook can offer prospective employees more shares. So, Zuckerberg said, "it's a great time for people to join (the company) and to stay and double down."