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Derek Thompson

Derek Thompson - Derek Thompson is a senior editor at The Atlantic, where he oversees business coverage for the website.
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He is a visiting research fellow at the Committee for a Responsible Federal Budget at the New America Foundation. Derek has also written for Slate, BusinessWeek, and the Daily Beast. He has appeared as a guest on radio and television networks, including NPR, the BBC, CNBC, and MSNBC.

Mark Zuckerberg: Yes, I Own Facebook

By Derek Thompson
Jul 22 2010, 5:25 PM ET Comment

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.


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