Zuckerberg avoiding Wall Street before IPO

Mark Zuckerberg wants at least $5 billion from Wall Street investors, but those investors will not be getting much face time in return. The Facebook co-founder and CEO made that clear when he skipped the social networking company’s first major briefing for analysts and bankers last week. The meeting was the first of many that will take place in the run-up to an IPO that could value the company at…
Read more...Facebook can fire Zuckerberg ‘at will’

Facebook can terminate services of its chief Mark Zuckerberg at any time for any reason, or even without a reason, but the social networking giant’s founder and CEO also enjoys similar exit rights. As per Facebook’s employment agreement with Mr Zuckerberg, his tenure at the social networking giant would be on an “at will” basis, meaning his job can be terminated “at any time for any reason or no reason”,…
Read more...Facebook IPO:Mark Zuckerberg’s annual salary coming down to $1 in 2013 !

With Facebook’s S-1 filed with the Securities and Exchange Commission for what is set to be a blockbuster IPO worth at least $5 billion in May, Mark Zuckerberg is now firmly sitting among Silicon Valley’s top chief executives, if he wasn’t already. And, probably with that in mind, Zuckerberg is falling in line with a tradition among some of the valley’s top CEOs: a $1 annual salary. Zuckerberg received a $500,000 salary…
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