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Gasparino: Zuckerberg No Show Would Have Shown CEO Weakness
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FBN's Charlie Gasparino on why Mark Zuckerberg had to show up at Facebook roadshow.
- Duration 4:13
- Date May 7, 2012
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FBN's Charlie Gasparino on why Mark Zuckerberg had to show up at Facebook roadshow.
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They -- to -- it thanks again so why did Mark Zuckerberg decides.
To -- what to the New York FaceBook IPO branch out.
After -- were told his appearance was unlikely just face the collided with bankers or well was that no shows story just abused -- -- -- -- has more chart.
-- -- Well I think in the -- that every clearly you know we we -- -- -- and they've listened bankers did not know -- British -- they were telling me.
Is -- is like this morning.
He was not going to show up that -- and which is apparently now showing up -- -- the best I can put together is this.
On Friday of -- source told me that the only course -- really knows what is duck was gonna go.
Was -- So clearly he was weigh that decision.
On Friday.
And giving -- basically tell people -- no end and the bankers were given the word that you know prepare for him not to go there.
Yes they were worried about security -- -- but here's the the bottom line you know I was getting this over that we -- -- -- you guys.
Pay attention to my Twitter page -- -- you go to those sorts of stuff the senate -- I really.
You know I was told by several people.
Including Kara swisher whose one of my old colleagues at the Wall Street Journal -- She was gonna come for the simple reason he didn't show short the -- it would look really -- it would show it would basically show that.
He can answer the tough question that there will be tough questions about Facebook's future.
At the you know that that he's gonna have to -- you know answer today.
And that's futures you know mature -- looks like it might be butchering business how we can get the most bank but the -- is this really a hundred billion dollar company.
When it's social network -- kids like to have fun on.
You know can you really get the advertising.
To meet a lot you know continue ramp up the advertising he's gonna have -- it's -- host of questions -- -- deducted.
OK I don't let's say this this -- is gonna sell casinos could accelerate that piece of it.
But then there's the future I -- Google did more than just sell the deal is still a business model and they.
It's something going forward and there are questions.
About -- ability to -- I mean if you look at existing that we were talking about last week -- Are you look at the prospectus if you look at these sort of road shows sales document.
For debt JPMorgan put out which I I obtained you know one of the risk factors that was listed.
Was I don't see -- controlling the company who does -- -- -- -- like just grab those total board.
Like I said it may not -- -- here but it could hurt in the future put all that together with these people are telling is that he's likely show up.
I still kept getting -- it was actually position store because what I what I reported was what I heard.
But I cannot be audited every time because it was always in my gut that I thought he would shell and I was he is I want what the what he's gonna say.
Right probably squeeze him in the last 52 is is that he -- that question.
That will be the story I -- going forward.
Yeah neck -- he if he doesn't -- he's certainly confirms their fears if he does come I mean he's there obviously.
Can he dissuade their peers -- -- what are we could well.
So that's yet it's it's really this sort of this sort of choice it was initiated -- -- not a stupid.
Kid I guess we're obviously a Smart guy.
He is -- in a different realm now okay this is not the C.
-- -- -- -- -- -- -- And because they believe that you necessarily these are investors.
That you know Wall Street is -- very very very Darwinian culture as we you know.
Despite the fact that all these firms got bailed out we are talking protestors here big investors -- are very rational when they look at things.
And it's just get this feeling that.
Based -- yes people -- are gonna buy this state we know that sure but they I I just get the feel like talk to people.
She handed -- this sale about the future -- there's still so many questions about this company.
And whether it's anything more -- ability kids haven't bought on the Internet content can be used to sell stuff and generate massive Everett.
So far that's been a ticket to success that's -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Cool Charley thank you look at -- perspective.
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