Oh no, poor shareholders, they must have blindsided. When did Mark gain majority voting power?
The real issue is that our systems allow for one person to effectively control hundreds of billions of dollars of capital with absolutely no one to provide any consequences if they make bad decisions with that capital.
If we really are setting this up as a for-profit, publicly-traded company, how does that system of corporate governance enforce any sort of way to make sure that Zuckerberg's ego doesn't get in the way of doing things right? Basically right now it's a sole proprietorship with window dressing.