Facebook is facing its biggest test ever -- and its lack of leadership could sin

[Ptarmigan]

Facebook is facing its biggest test ever -- and its lack of leadership could sink the company
https://www.cnbc.com/2018/03/18/facebook-failing-zuckerberg-and-sandberg-absent-commentary.html

Facebook is facing an existential test, and its leadership is failing to address it.

Good leaders admit mistakes, apologize quickly, show up where they're needed and show their belief in the company by keeping skin in the game.

Facebook executives, in contrast, react to negative news with spin and attempts to bury it. Throughout the last year, every time bad news has broken, executives have downplayed its significance. Look at its public statements last year about how many people had seen Russian-bought election ads — first it was 10 million, then it was 126 million.

Facebook is under the microscope. All the wealth is paper wealth.

[Old n Grumpy]

They are liberals / progressives with lots of $$$. They think they know it all and that they know best. 

Eventually people will tire of it and realize posting all your personal information on line can have negative consequences.