Mark Zuckerberg: Yes, I Own Facebook

Yesterday afternoon, Facebook's lawyers said they were "unsure" whether CEO Mark Zuckerberg had maybe kinda sorta signed 84% of the company to some guy in New York.

Today, they've decided to straight-up deny:

Facebook CEO Mark Zuckerberg finally spoke out on a Web designer's strange claim to own 84 percent of the social network. Zuckerberg says the lawsuit is insane, and a Facebook spokesman implied it's part of a shakedown attempt.

Facebook isn't a publicly traded company, so it's not as though they have to manage PR for the sake of protecting widespread panic about the stock price. But it's still a company, and you'd think the response to this lawsuit would have been a more organized Deny-Deny-Deny campaign from the start, instead of opening with the argument that they're not entirely sure whether some guy in New York owns four-fifths of the company.

Presented by

Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register with Disqus.

Please note that The Atlantic's account system is separate from our commenting system. To log in or register with The Atlantic, use the Sign In button at the top of every page.

blog comments powered by Disqus

Video

A Stop-Motion Tour of New York City

A filmmaker animated hundreds of still photographs to create this Big Apple flip book

Video

The Absurd Psychology of Restaurant Menus

Would people eat healthier if celery was called "cool celery?"

Video

This Japanese Inn Has Been Open For 1,300 Years

It's one of the oldest family businesses in the world.

Video

What Happens Inside a Dying Mind?

Science cannot fully explain near-death experiences.

More in Business

Just In