I mean is it not obvious that FB did everything possible to feign growth and max out the stock price in the short term, especially once he was nominated for SSA?
The stock number kept going up under FB but everyone knew the company was bleeding internally and nothing was sustainable.
I’m all in if ML is going to properly grow the company with a real foundation, and understand that the stock will go down before it go can up.
The stock was $100s at the beginning of 2023, and somehow peaked at $235 2 years later without any real innovation of developments.
FB cut everything and tried to lower costs and increase margins all in the short term so that he could max his (heavy stock price based) comp before walking out the door.
We all know the company was never worth $235 per share, at least not in its current state, but ML definitely has more potential to get us there for real this time, and not just get there via FB manipulation tactics