WATCH: Facebook's IPO Filing Makes False Promises

It;s hypocritical that a company purporting to empower the individual doesn't even empower future shareholders, who will largely have no voting power to influence the doings of the company, argues Fortune's Senior Editor-At-Large Allan Sloan.

Facebook’s initial public offer documentation makes empty promises, says Fortune‘s Senior Editor-At-Large Allan Sloan.
He thinks it’s hypocritical that a company purporting to empower the individual doesn’t even empower future shareholders, who will largely have no voting power to influence the doings of the company.
Watch Sloan explain his point in the video below, and then let us know what you think in the comments section beneath this post.



Publish date: February 16, 2012 https://stage.adweek.com/digital/facebook-ipo-hype/ © 2020 Adweek, LLC. - All Rights Reserved and NOT FOR REPRINT
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