Facebook has seen its shares fall 26.24 percent last year through research into the Cambridge Analytica scandal and revelations about data leaks and Russian trolls, which led some to wonder if Zuckerberg had to step out of his role.
A report from Wall Street Journal, published Nov. 19, said that Zuckerberg Chief Operating Officer Sheryl Sandberg and her teams blamed much of the problem of Facebook. But one day later, Zuckerberg told CNN that he would not resign and praise Sandberg.
Breyer, who served on the Facebook board from 2005 to 2013 after leading the series A financing round of the company, said Zuckerberg is „ultimately responsible“ for the controversies of Facebook. But he added that Zuckerberg and Sandberg are the „best team“ in Silicon Valley and should continue to lead Facebook.
„Leaders often abuse certain situations,“ says Breyer, who, according to Forbes, is estimated to be worth 2.7 billion dollars.
Breyer, speaking from the East West Tech conference in the Nansha district of Guangzhou, China, said he first met Zuckerberg about 14 years ago when the Facebook founder was 20 years old. Breyer is currently a member of the board of Blackstone and 21st Century Fox.
