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MarketWatch Senior Columnist Jon Friedman argues Mark Zuckerberg is to blame for many investors’ lack of confidence in the company.
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-- floundering more investors are blaming results of this block my next guest says that since the idea CEO Mark Zuckerberg.
Has essentially been MIA and that is one very big reason why people are losing confidence.
In the company he created market watches senior Collins of great writer.
Jon Friedman joins -- right now I'm done that's here.
Thesis -- -- say that it's it's not all these other aberrant factors it's that he's been missing in action.
With mark this is a big data company's history this this period of the IPO didn't go very well we all know that OK but what happened with more to explain to us.
And he's not a honeymoon OK would you argue the timing and coordinating them using people though they have some big things coming up yes those staggering.
Right -- you faults him for that well I wish she would have.
Stated differently if he's done very well -- -- great have a nice time mark.
Thank you see around but they've been so badly.
And it was so chaotic that you once that would boost we would happen which is the CEO of the company no less.
Tennessee the company notes may because he's where billions may be a few billion less than when this thing -- -- -- He doesn't care he's conveying an energy doesn't care.
That might not be right debt but that's the -- I hope not WW terrible signal to his staff to his employees to the share listed to.
Everyone you what you want the ceiling probably be passionately involved in every single detail of the company especially the stock -- -- He works the shareholders now he's a public company CEO he should know that but you know that.
It's the big.
Anchor on these guys right any it's one thing to be doing something on your own -- your dorm room.
-- he's created this billion dollar -- But it's another thing then you have to answer to people -- -- -- analysts and shareholders and and guys like you unity and you -- right right but your -- -- thought at -- but you know they might just say that he might just be so I'm not gonna be that guy.
You argue that's in the states.
Why well member Steve Jobs had the same kind of -- -- like I'm in charge of apple all do that one reason John Sculley says not so fast things aren't going so well here and jobs got pushed out originally.
Because he was pretty inexperienced and pretty green he came back of course do fantastic things for all of -- -- company.
Mark Zuckerberg 28 years old is an amazing when they can and he's an amazing visionary but -- -- Is he fit to B to CEO this company right now so far we have a lot of questions about that you could do what Google.
To bring in an outside CEO Eric Schmidt site design and maybe they're doing that.
Right now -- his -- now would that be the answer do you keep -- visionary who couldn't go ahead and on our honeymoon in the middle of an offering and the former offensive to me is ordering McDonald's when -- -- but still move but that's is me but if you think that that would be to -- or is it too late for the.
I think it might be too late in the image as you know is everything especially in businesses -- the stock market and right now the image of this company does look very good because.
It looks like this that was in control right now you want answers to questions things go wrong all the time OK we accept that but please tell us what happened hated to fix it -- go on from there.
I'm not suvs stock market -- here but we had giants or defining.
Public offerings -- -- Amazon and and Google and even today.
And despite -- problems do you think it will in the future be seen in the historic lexicon of those names it.
All of its problems notwithstanding.
It will still be.
And attested long term survive.
It depends on Mark Zuckerberg.
Really the season -- that the fourth as great as 900 million users everyone loves FaceBook I don't believe that 900 million well has a lot of you know once counted as a lot of budgetary it's not it's ninety people say -- friends -- -- but but but but argued that it that -- it using a paper it it.
It has all the making on paper it's a fantastic company the investment let's say okay thank you but it very much start freedom.
Friedman say I'm one of those --
