Seems like jan has quit fb last night mmmh

The indications in the press are that the co-founders had concerns about the direction of WhatsApp under Facebook over privacy (or maybe other things too). Some articles are saying that at least the second co-founder to leave may be leaving as much as nearly a billion dollars behind due to leaving before the last tranches of stock were to be fully vested/unrestricted. The co-founders are very wealthy men by any stretch of the imagination, and I am hoping they use a lot more of the money to promote privacy and civil liberties in a world that has them under assault from the left, the right, the business sector, governments, and criminal/rogue elements.

I am pretty sure that most of their wealth is not in Facebook shares. The key guidance is to diversify, and I would hope that it was done big time as soon as they could.

Sometimes the act of “selling to the enemy” at what may turn out to be a high price (to the buyer) is simply good business to weaken “the enemy” and have more resources for use against “the enemy”. Even if unintended.

No. Acquiring parties sell themselves to acquisition targets (and even clients and suppliers) in ways that don’t clearly turn out the way the acquiring parties represented themselves. That said, anyone who has been in this game long enough — but most haven’t been — know that the founders sellIng generally end up losing control of, and even influence over, their proverbial baby.

But I’ve never trusted Facebook and its founders. But for a few billion dollars, who wouldn’t be suspending a disbelief in Facebook’s trustworthiness.