Facebook’s CEO and founder Mark Zuckerberg is as reckless as they can get when it comes to his management of Beacon: ballsy on Madison Avenue, then apologetic on his blog, then brash again on 60 Minutes.
But when it comes to Facebook’s global strategy, Zuckerberg is quite sedate and demure. To penetrate China, instead of the go-at-it-alone strategy, he enlisted Li Ka-Shing to the tune of a $60M investment (previously it was reported that Facebook was mulling an M&A strategy in China). To penetrate Germany, the largest European web market, he is bringing on the Midas touch-wielding Samwer brothers, who incidentally started a Facebook-inspired German social networking site for students. continue reading...
