Facebook exec leaving company for startup
SILLICON, VALLEY, CALIF: According to reports, Facebook’s top Chief Tech Officer Brett Taylor has decided to part ways with the billion dollar social company in wake of making a decision to start his own company.
Taylor, made the announcement via his Facebook page earlier this week:
“I had always been upfront with Mark [Zuckerberg] that I eventually wanted to do another startup,” Taylor said. “And we felt now is the best time after the IPO and the launch of some recent things for me to do that.” But it wasn’t all bad news for Facebook today: The company’s stock closed out its first positive week, notes AP. The stock is now at $30.01, though still well below the $38 IPO price.
Related articles
- Facebook seeks to consolidate post-IPO lawsuits (seattlepi.com)
- FACEBOOK FALLOUT: These Companies Just Got Downgraded (FBZNGA) (businessinsider.com)
- 12 startup lessons from a startup winner (holykaw.alltop.com)
- BLOOD IN THE WATER: Now Is The Time To Raid Facebook For Talent, Says Rival Exec (FB, GOOG) (businessinsider.com)
- Silicon Alley Insider: The Hottest Startup In The Valley Is Hiring Up And It’s Targeting Facebook Execs And Googlers (FB, GOOG) (businessinsider.com)
