The Facebook CEO botched his company's IPO badly. Newsweek's
Dan Lyons on the business challenges ahead—and why the kid genius may not be up
for the task....
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At Harvard, Mark Zuckerberg was a superstar student, a
computer prodigy able, in his spare time, to bang out the lines of code that
would become Facebook, a transformational company that in eight years has
changed the world.
But in his first big test as a CEO—Facebook’s initial public
offering of stock—the baby-faced 28-year-old flunk-ed, and badly. Worse, in the
wake of this overhyped and poorly managed stock deal, the guy in charge was
nowhere to be found. He wouldn’t do interviews, or even make a statement. Which raises a huge question: Is this guy
ready to be the CEO of a publicly traded company?
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