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Could Facebook, the titan of all social networking, soon be imploding? One day in faraway yet oh-so-bleak future will we have to interact in person? Say it isn’t so! Unfortunately, ValleyWag seems to think it just may be so and it blames founder and former Harvard student Mark Zuckerberg.
Right now Facebook is raking in a cool $300 million to $350 million in revenue this year, but it may not live up to its $15 billion valuation if things continue to spiral out of control. The problem lies with a mass exodus of Facebook’s top brass.
The most notable departure is Dustin Moskovitz, Zuckerberg’s cofounder and college roommate. ValleWay gives us the lowdown on the others who are fleeing and why:
The list of the departed includes data guru Jeff Hammerbacher, product VP Matt Cohler, platform director Ben Ling, and most recently, Justin Rosenstein, a top engineer who's leaving with Moskovitz. Operations VP Jonathan Heiliger may be next. The defections all hurt. But most of the blame lies with Zuckerberg himself.
Zuckerberg has always styled himself as the company's "founder," relegating the likes of Moskovitz and Chris Hughes, now Barack Obama's Web campaign director, to "cofounder" status. Never mind that this distinction doesn't exist in English; those who start a company are all equally founders.
Not only does he claim the “founder” title for himself, Marky once described Moskovitz as “disposable” and a “soldier.” He quickly covered up those insults, but words like that don’t create a lot of company morale.
Zuckerberg is positioning himself to be the Facebook dictator. Too bad that doesn’t usually end so well, just ask Pinochet.







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