I would argue against that argument. Arguably, Zuckerberg was instrumental in getting FB to where it is today. It is not inconceivable that protecting him is protecting shareholder value.
I agree that it would not be where it is today, but they are a troubled massive corporation beset on all sides by issues. They duck and dodge any issues and responsibility without fixing root causes. He definitely helped with the rise, but he will definitely also be responsible if it falls.
FB IPO opened at $38 ( https://www.fool.com/investing/2019/11/17/if-you-invested-50... ). Today it trades at $346 ( https://finance.yahoo.com/quote/FB?p=FB ). That is 9 times the initial investment value.
Now, we can argue how much of that increase should be given to Zuckerberg in the form of credit for directing the company, but I am relatively certain that the answer is not zero.
I stand by my initial post. It is very much arguable.
edit: Hatred of Zuckerberg really should not be blind. I mean there is enough there to dislike him for. There is no need to invent stuff.
Just read that incredibly smug quote from him in response to the many recent articles critiquing Facebook.. It is not blind hatred, I would say it is very well targeted hatred of someone who has an enormous impact on the world while only caring about Facebook. His denial and stubbornness is approaching that of a very recent ex president.
https://m.facebook.com/photo.php?fbid=10113917270654841&set=...
I used to discuss putting obvious skinnerian and behavioral systems in games as a joke back in the day when Diablo 2 came out. Years later what I thought as an awful joke was the mobile gaming business model.
There are many jokes I can make about how to run Facebook more “efficiently”. How to take the wrong lessons from the many, many business propaganda efforts that have been successful.
Sorry, at this point I am a bit disheartened just thinking about it. I was trying to connect to your point, but I really can’t thin of anything positive to say anymore.