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.

Does This Child Need Marijuana?

Dravet Syndrome is a severe form of epilepsy that affects children. Could marijuana oils alleviate their seizures?

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

Does This Child Need Marijuana?

Inside a family's fight to use marijuana oils to treat epilepsy

Video

A Miniature 1950s Utopia

A reclusive artist built this idealized suburb to grapple with his painful childhood memories.

Video

Why Principals Matter

Nadia Lopez didn't think anybody cared about her school. Then the Internet heard her story.

Video

A History of Contraception

In the 16th century, men used linen condoms laced shut with ribbons.

Video

'A Music That Has No End'

In Spain, a flamenco guitarist hustles to make a modest living.

More in Business

Just In