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.

A New York City Minute, Frozen in Time

This wildly inventive short film takes you on a whirling, spinning tour of the Big Apple

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 New York City Minute, Frozen in Time

This short film takes you on a whirling tour of the Big Apple

Video

What Happened to the Milky Way?

Light pollution has taken away our ability to see the stars. Can we save the night sky?

Video

The Faces of #BlackLivesMatter

Scenes from a recent protest in New York City

Video

Ruth Bader Ginsburg on Life

The Supreme Court justice talks gender equality and marriage.

Video

The Pentagon's $1.5 Trillion Mistake

The F-35 fighter jet was supposed to do everything. Instead, it can barely do anything.

More in Business

Just In