The whole world has been watching the process of the Facebook purchase of tiny startup Instagram last year for about $1 billion in cash and stock, thanks to Kara Swisher’s in-depth article published in Vanity Fair.
One the most interesting details involves another kind of tale, one with dragons, Zombies, long winters and an Imp, first spotted by Mashable’s Kris Holt, writes The Business Insider.
The whole negotiation were held from Good Friday to Easter Sunday. Even so, Facebook co-founder and CEO Mark Zuckerberg,28, paused negations with Instagram cofounder Kevin Systrom to watch HBO’s “Games of Thrones.”
Here’s what happened, according to Swisher:
“Saturday, Systrom was back at Zuckerberg’s to formalize the negotiations and come to an official acquisition agreement, which they would both sign. Their back-and-forth was interrupted by a television-watching party for Game of Thrones that Zuckerberg, an avid fan, was throwing.”
“Systrom spent much of the time outside in the yard, on the phone to the lawyers. “I didn’t watch the show,” he says. Rather, he spoke to his investors to inform them of the decision and get a sign-off.”
Facebook purchased Instagram for $1 billion dollars last year. Zuckerberg wrote at the time:
“For years, we’ve focused on building the best experience for sharing photos with your friends and family. Now, we’ll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests,” Mark Zuckerberg said.
“We will try to learn from Instagram’s experience to build similar features into our other products. At the same time, we will try to help Instagram continue to grow by using Facebook’s strong engineering team and infrastructure,” he also wrote.
Glassdoor surveyed millions of employees across various industries and ranked the most impressive bosses, one of which happens to be billionaire Mark.
Facebook is “an open community from Zuck on down,” one anonymous Menlo Park employee said in a statement to Glassdoor. “Mututal trust companywide and sense of community and drive, instilled by our CEO, who we truly respect.”
The social networking giant said in a statement that it recognizes the importance of employee endorsements, stressing that “support from the people closest to you is usually the most gratifying, so high employee sentiment is a particularly meaningful compliment.”
Facebook CEO isn’t the only tech company head approved by his employees; 18 of the top 50 listed CEOs are heads of technology-based organizations, including SAP’s Bill McDermott and Jim Hagemann Snabe.
Google’s Larry Page won a 95-percent approve by his employees, just missing the top 10 for the second year in a row. Jeff Bezos, Amazon CEO, climbed 13 points — the second-highest jump after Zuck — to reach a 93 percent approval, same as Apple’s Tim Cook, who dropped four points, reports PC Mag.
“The CEOs who are more successful in gaining employee approval are those who paint a clear vision of what the company is setting out to achieve and how it’s going to get there,” Robert Hohman, Glassdoor CEO, said in a statement.
“To be recognized by your employees as a strong leader also comes as a result of having a solid company culture that helps employees foster the skills necessary to move business forward and meet the needs of customers.”
The list of best techy CEOS includes Joe Tucci (EMC), Paul Jacobs (Qualcomm), Pierre Nanterme (Accenture), Mark Templeton (Citrix), Marc Benioff (Salesforce), Jen-Hsun Huang (Nvidia), Hans Vestberg (Ericsson), Paul Otellini (Intel), Tom Georgens (NetApp), Brad Smith (Intuit), and Scott McGregor (Broadcom).