Zuckerberg on Facebook's post-IPO woes Video
Zuckerberg on Facebook's post-IPO woes Video Transcript
-- CEO Mark Zuckerberg took the stage at techcrunch disrupt attempted to -- Wall Street's anxiety over the company's plummeting stock price if you could have done anything differently with hindsight -- -- -- Well. You know I -- the performance of the stock has obviously been. -- support -- and we're gonna do things that we think are going to build value. I'm -- over the long term Zuckerberg made a point to steer the conversation toward the future and what FaceBook has in development. Like building its own search engine and improving -- mobile apps mobile is. -- there -- -- users. Each user's gonna spend more time and per amount of time they spend will be making more money than we are on desktop. He was talking to a crowd of techies and start -- people but I think he was talking a Wall Street. You know I think really he -- Wall Street wants -- -- and he said we're misunderstood. He said mobile is a huge opportunity. Whether Wall -- believes that FaceBook and capitalize on that opportunity is yet to be seen. Some techies here however are already giving Zuckerberg and his company a thumbs up. I -- -- believe their long term reasons so I'm not ready or by the company as -- shareholders that -- to see everything that's. Yet dip -- value like that but it as far as what the companies doing inlet where they're going outside face and it's going to be great. Even though Zuckerberg talked a lot about the future of mobile one idea he vehemently next -- a FaceBook phone he says -- that wrong strategy for the company. And differences bi partisan -- cnet.com for CBS news. --
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