Mark Zuckerberg

I read the following line in an article about the new Facebook IPO, “People familiar with Mr. Zuckerberg’s thinking said he has long been fearful of the damage an IPO could do to the company’s culture. He wants employees focused on making great products, not the stock price, they said.”

Companies should be focused on making great products/services. Companies should be focused on building something great. It’s really too bad most US based companies don’t subscribe to this and only strive to make a quick buck and/or maximize shareholder wealth. It’s high time companies, and investors, start thinking long term.