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Jabbles | 7 months ago

"Facebook’s board would have forced Zuckerberg to take it"

Doesn't Zuckerberg have majority control?

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dpe82|7 months ago

Sure; but (IIRC) at the time Facebook was burning cash and the board could have threatened future funding if he refused the offer. He may have been able to get more funding anyway but the larger point is these things are never as simple as the legal docs might imply.

manquer|7 months ago

Yup It is power dynamics always, legal documents only matter in court.

At the time in 2006 there were plenty of competing networks and any one of them could have climbed to the top.

Facebook wasn’t unique tech wise by all accounts one huge 20k line main file not like Google with PageRank or pegs viaweb written in Lisp or Amazon with early aspects of AWS.

FB could have been replicated and with right money scaled by anyone else , the challenge was there were series of spectacular growth and failures in the social network space

The tech innovations started first with Hack as a PHP compatible language couple of years later then things like relay , graphQL, react and so on.

Ifkaluva|7 months ago

Recall that Kalanick had majority control at the time that he was ousted.

Barbing|7 months ago

Travis Kalanick of vibe-physics near-breakthroughs fame?