Facebook shares dropped: Zuckerberg resignation calls


Facebook shares dropped by 50% since issue three months ago and now there have been calls for the resignation of founder Mark Zuckerberg. Investors call for him to focus on the technological aspect

Some of the criticism of Zuckerberg lies in his conduct towards investors
The financial and corporate experts call the first time Facebook founder Mark Zuckerberg turn his role as CEO in light of the stock falling 50% in three months, and suggest a focus on the role of Chief Technology - Today newspaper reported, "Los Angeles Times".
"There is a growing sense Zuckerberg, however talented he may be, is unable to fulfill the role of a CEO of a public company worth billions of dollars," said Los Angeles Times Sam Hmadc, senior financial consultants Fribko. Hmadc added that with the rapid technological developments, Zuckerberg There is "very little time" to grow into his role as CEO, as the founders of many other companies can. Along with criticism of Hmadc was also tweet on Twitter, calling Zuckerberg resign immediately.
Some of the criticism of his behavior lies Zuckerberg to invest in the company. Zuckerberg adhesive Student dress sloppy, which includes hoodie and sneakers, and also appeared in the first major investor meetings were held - a step which led to remarks against Zuckerberg for being absent maturity and without honor codes of corporate world. "He's trying to wink at his audience instead look responsible with investors., But his job now is to run the company," said Chris Whalen, CEO Tngnt Capital Partners.
As long as Zuckerberg, 28, has yielded high value investors and promises huge profits and rapid growth, they could accept this clothing as part of the innovative nature of Facebook. But today, after the stock fell within three months from the date of issue by 50%, and Facebook introduced the first disappointing quarterly report, Zuckerberg is growing criticism and frustrated investors begin to look for the causes of the painful fall of the social network.
On the other hand, other experts argue that criticism is unfair Zuckerberg. His supporters believe that the stock performance failures are the result of recognition among shareholders that Facebook's growth potential is not as great as they expected and believed. "The market should give Zuckerberg some more time to prove himself," said Los Angeles Times "Dan Alpert, investment adviser bank Westwood Capital.
Personal fortune of Facebook founder Mark Zuckerberg fell on Friday, while $ 600 million, after the company's stock plunged more than 6% since the end of the restriction period on the social network shares. The end of obstruction represents an increase of 60% in the number of shares available for trading Facebook. Since the issuance of Facebook on May 17, the company's stock crashed by about 48% and she never traded price of 38 dollars per share - a price issue.
The value of Facebook is now estimated at -51.2 billion since the IPO the company lost market value of $ 40 billion - making the company one of the worst issue in history, according to data tabulated by Bloomberg.

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