--- title: "Meaning & Key Takeaway of: When Facebook went public, they didn't…" description: "\"When Facebook went public, they didn't have a particularly strong model of governance.\" — Chamath Palihapitiya" image: "https://sms4smile.com/quotes/i/793/chamath-palihapitiya-10473_facebook_when-facebook-went-public-they-didn-t-ha_1545444.jpg" --- # When Facebook went public, they didn't have a particularly… ![“When Facebook went public, they didn't have a particularly strong model of governance.” quote by Chamath Palihapitiya](https://sms4smile.com/quotes/i/793/chamath-palihapitiya-10473_facebook_when-facebook-went-public-they-didn-t-ha_1545444.jpg) [Download](https://sms4smile.com/quotes/i/793/chamath-palihapitiya-10473_facebook_when-facebook-went-public-they-didn-t-ha_1545444.jpg) [Open image](https://sms4smile.com/quotes/i/793/chamath-palihapitiya-10473_facebook_when-facebook-went-public-they-didn-t-ha_1545444.jpg) > “When Facebook went public, they didn't have a particularly strong model of governance.” [Chamath Palihapitiya](https://sms4smile.com/quotes/author/chamath-palihapitiya/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. He points out that Facebook lacked robust governance structures at the time of its IPO, implying a need for stronger oversight. **In simple terms:** Facebook’s governance was weak at IPO. Key Takeaway Implement stronger governance early. Themes business governance technology risk Mood cautionary informative Type strategic reflective When to use this quote - startup scaling - board formation - regulatory compliance - public offering Key Concepts Corporate oversight founder control Questions to Reflect On - What governance measures could have prevented early issues? - How should tech firms balance innovation with oversight? A Different Perspective Rapid growth can outpace governance. ★ ★ ★ ★ ★ No ratings yet [Facebook](https://sms4smile.com/quotes/about/facebook/) [Facebook Went](https://sms4smile.com/quotes/about/facebook-went-353147/) [Governance](https://sms4smile.com/quotes/about/governance/) [Model Governance](https://sms4smile.com/quotes/about/model-governance-5764400/) [Politics](https://sms4smile.com/quotes/about/politics/) [Public](https://sms4smile.com/quotes/about/public/) [Public Didn](https://sms4smile.com/quotes/about/public-didn-616144/) [Strong](https://sms4smile.com/quotes/about/strong/) [Twitter](https://sms4smile.com/quotes/about/twitter/) [Went Public](https://sms4smile.com/quotes/about/went-public-257802/) ## Related quotes > [Today Facebook went public, just as Myspace's last user went private.](https://sms4smile.com/quotes/conan-o-brien/today-facebook-went-public-just-as-myspace-s-last-user-went-private/) [Conan O'Brien](https://sms4smile.com/quotes/author/conan-o-brien/) > [Under the notion that unregulated market-driven values and relations should shape every domain of human life, the business model of governance has eviscerated any…](https://sms4smile.com/quotes/henry-giroux/under-the-notion-that-unregulated-market-driven-values-and-relations/) [Henry Giroux](https://sms4smile.com/quotes/author/henry-giroux/) > [I went to public schools, which is to say publicly financed.](https://sms4smile.com/quotes/jim-peebles/i-went-to-public-schools-which-is-to-say-publicly-financed/) [Jim Peebles](https://sms4smile.com/quotes/author/jim-peebles/) > [But the minute we went public on the stock market, which is how our wealth was created, it was no longer how many people…](https://sms4smile.com/quotes/anita-roddick/but-the-minute-we-went-public-on-the-stock-market-which-is-how-our/) [Anita Roddick](https://sms4smile.com/quotes/author/anita-roddick/) > [I will say we now, in the polling in Wisconsin, much different than many other races, the public didn't perceive that we were getting…](https://sms4smile.com/quotes/scott-mccallum/i-will-say-we-now-in-the-polling-in-wisconsin-much-different-than/) [Scott McCallum](https://sms4smile.com/quotes/author/scott-mccallum/) > [I got some very good advice once. 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And they were great for me.](https://sms4smile.com/quotes/anonymous/i-went-to-the-public-schools-myself-and-they-were-great-for-me/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) ## More by Chamath Palihapitiya > [My first job was at a Burger King.](https://sms4smile.com/quotes/chamath-palihapitiya/my-first-job-was-at-a-burger-king/) [Chamath Palihapitiya](https://sms4smile.com/quotes/author/chamath-palihapitiya/) > [The point of Silicon Valley at least when I moved here was we're all trying to do stuff and none of us quite felt…](https://sms4smile.com/quotes/chamath-palihapitiya/the-point-of-silicon-valley-at-least-when-i-moved-here-was-we-re-all/) [Chamath Palihapitiya](https://sms4smile.com/quotes/author/chamath-palihapitiya/) > [Good investors have to choose how to allocate their mind share with the precious capital they have.](https://sms4smile.com/quotes/chamath-palihapitiya/good-investors-have-to-choose-how-to-allocate-their-mind-share-with/) [Chamath Palihapitiya](https://sms4smile.com/quotes/author/chamath-palihapitiya/) > [Valuable companies take decades to build.](https://sms4smile.com/quotes/chamath-palihapitiya/valuable-companies-take-decades-to-build/) [Chamath Palihapitiya](https://sms4smile.com/quotes/author/chamath-palihapitiya/) > [At some point, Apple will become much more aggressive and much more daring in taking their brand and capital to really reshaping markets.](https://sms4smile.com/quotes/chamath-palihapitiya/at-some-point-apple-will-become-much-more-aggressive-and-much-more/) [Chamath Palihapitiya](https://sms4smile.com/quotes/author/chamath-palihapitiya/) > [I was raised in a house where my mom was the primary breadwinner. 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