Facebook’s Zuckerberg kicks off investor show in NY

Facebook Inc. CEO Mark Zuckerberg departs New York City's Sheraton HotelNEW YORK (Reuters) – Facebook Inc CEO Mark Zuckerberg fielded questions about the No. 1 social network’s slowing revenue growth and its $1 billion purchase of Instagram as he kicked off a cross-country roadshow to promote the company’s $10 billion initial public offering. Wearing his trademark “hoodie” sweatshirt, jeans and sneakers, the 27-year-old chief executive said he would do the Instagram deal again if he had to, according to attendees at the event. Hundreds of investors showed up for the presentation at New York’s Sheraton Hotel, which was closed to the media, on Monday. …

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Category: Yahoo Tech

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