One of the cofounders of Facebook has revealed that CEO Mark Zuckerberg has eyed the company's domination of the tech industry since the early days of the social network., Facebook cofounder Chris Hughes criticized the company and its CEO for its"staggering" influence over the spread of news, users' personal data, and the way billions of people communicate. Hughes called on the federal government to take action against Facebook to reign in its power.
Zuckerberg's ambitions for domination are evident in a story Hughes shared from 2006, when Yahoo offered to acquire Facebook for $1 billion. The deal was poised to make Zuckerberg and others millionaires, and Hughes said that"just about every other person at the company" wanted the CEO to accept the offer.
However, said he didn't want to have to work under someone else, and eventually turned down the offer, Hughes said. "Outside of a couple of gigs in college, Mark had never had a real boss and seemed entirely uninterested in the prospect," Hughes wrote in his op-ed."Domination meant domination, and the hustle was just too delicious."A Facebook cofounder says Mark Zuckerberg's social network should be torn apart in blistering New York Times op-ed
At the time of Yahoo's proposed deal, Zuckerberg was only 22 years old. Facebook was barely two years old, and had only $20 million in revenue. Veterans of Silicon Valley who were serving on Facebook's board, including Peter Thiel and Jim Breyer, encouraged Zuckerberg to take the deal,Despite the advice of his experienced board members, Zuckerberg turned down the deal.
Sour grapes