Welcome to Facebook Members Want Stock In Facebook
This Group is dedicated to having Facebook members receive a share of the revenue that the site is generating. The site is currently valued at $500 Billion and supposedly has 500 Million active members. We can either choose to be a nutrient mass for the cyber-overlords, or demand a share of the enterprise that we are building. The motto of the group is “Give us Stock, or We Walk.” Simple enough. We had lives before Facebook, and while it’s kind of nifty, it’s also pretty shifty. We can live without it, and develop alternatives if we have to. And if we can’t become shareholders, we should. By becoming shareholders in Facebook, we can also have a real voice in how it is run, going beyond the mere rabble-rousing that occasionally gets Mr. Zuckerberg to man the mic and issue another crowd-control message.
Facebook’s Stock Options
By Miguel Helft
UPDATE: This post has been updated to incorporate comments from Jim Breyer and other minor changes.
Cash is good, and Facebook, following its $240 million investment from Microsoft, now has plenty of it. It might have much much more if reports prove true that other investors have, or will soon, join in. With those lofty sums, Mark Zuckerberg and his crew can hire armies of programmers, build data centers, acquire other startups and do whatever else they need to do to make the company grow.