Facebook CEO Mark Zuckerberg should loosen his grip over his
social networking empire and let some of the more experienced managers take the
reigns, before it's too late, two CNBC contributors cautioned on Wednesday.
"Running a public company is a distinctly different
experience and requires different skill sets then running a venture funded
start-up," said Carly Fiorina, CNBC contributor and former Hewlett-Packard
CEO. "Mark would do well to take the advice of people who have done it
before and I hope his board is providing him with that advice."
But Facebook's board seems a little shaky these days. It was revealed earlier this week that early
investor and Facebook board member Peter Thiel unloaded the majority of his
stake in Facebook as soon as the lock-up expired last Thursday. Thiel's stock
sale, although pre-determined before Facebook's initial public offering in May,
was ill-timed.
Regardless of investors' opinion, Thiel's stock sale sends a
bad message to the marketplace and raises concern about whether or not
Zuckerberg knows how to run a public company, said Gordon Bethune, CNBC
contributor and former CEO continental airlines….
More? Check out http://www.cnbc.com/id/48752190
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