The discussion was about fiduciary duty to shareholders, and share holders care a great deal about market cap since it is a reflection of the current share price. My point was also that Mark Zuckerberg being deposed and/or imprisoned would affect the share price more than the fine.
The market cap is a ‘fantasy number’ in the sense that the liquidity doesn’t exist to market sell/buy all outstanding shares at the current bid/ask, I’ll grant you that.
The market cap is a ‘fantasy number’ in the sense that the liquidity doesn’t exist to market sell/buy all outstanding shares at the current bid/ask, I’ll grant you that.