Facebook founder and CEO Mark Zuckerberg apparently lives by the idea that it is better to ask forgiveness than permission. This seems to have been the case with his decision to acquire Instagram earlier this month. Zuckerberg reportedly alerted the board of directors only hours before making its largest acquisition ever, a billion-dollar deal for the digital photo-sharing service, which had only launched in October 2010. The big question is whether Zuckerberg will be able to make such maneuvers after he has to answer to shareholders and board members of a public company.
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Zuckerberg's Instagram Poker Face
Posted by: Peter Suciu April 18, 2012 02:06 PMFacebook founder and CEO Mark Zuckerberg apparently lives by the idea that it is better to ask forgiveness than permission. This seems to have been the case with his decision to acquire Instagram earlier this month. Zuckerberg reportedly alerted the board of directors only hours before making its largest acquisition ever, a billion-dollar deal for the digital photo-sharing service, which had only launched in October 2010. The big question is whether Zuckerberg will be able to make such maneuvers after he has to answer to shareholders and board members of a public company.