This. Owning ~20% of normal stocks and ~60% of voting stocks shouldn't be allowed for public company. At some point company becomes just CEO's toy to do things they want, in this case "metaverse".
Arguably there's forced investment by index fund holders but now the SP500 eschews companies with that structure, so even index investors can avoid this sort of thing.
https://www.spglobal.com/spdji/en/documents/indexnews/announ...
Thanks.
Because that's the company he founded and owns. It wasn't one of the most influential companies in the world upon being founded, it became so with Zuck at the helm.
> How does that benefit society as a whole?
How does this have anything to do with anything? And how do you propose we measure it?