Facebook Executive Bret Taylor leaving Facebook. Has this anything to do with Facebook's IPO fallout?
Facebook Executive Bret Taylor, Leaving.
Hi,Sherrydlongo!
Indeed, your question is actually viral over the internet. I was also shock to find out that Bret Taylor is leaving Facebook. I researched the web and read some articles to gather information about the news. In what I have read, Bret Taylor is leaving Facebook to start his own company with a Google engineer, Kevin Gibbs, and not because of the IPO fallout.Â
It is said that Facebook will be having a hard time covering up Taylor’s job. However, Facebook said that there is nothing to worry about since they already have someone to do Taylor’s job, namely Mike Vernal and Cory Ondrejka.Â
Facebook Executive Bret Taylor, Leaving.
Bret Taylor is Facebook’s CTO or Chief Technology Officer who has been with the site for 3 years has announced that he is leaving the social-networking giant to start his own company. It’s not clear if the real reason has something to do with the site’s IPO fall out or the Initial Public Offering.
Even if the stock rose 6% on June 15, 2012, and closes at $30.01, it is still way below its offering price of $38 a share. Bret Taylor’s leaving is such a big loss for Facebook and comes less than a month after the company went public. Behind the hugs and public thanks, however, there has to be some anxiety at the company and potentially among investors. Taylor has been an important leader at Facebook, in charge of both platform and mobile, and Facebook is under intense pressure to figure out ways to make money from its growing mobile user base. To read the full article about Bret Taylor leaving Facebook, visit c|net | Facebook CTO Bret Taylor leaving to start company.
Bret Taylor at f8 in 2010.
