Facebook Shuns Women in Advance of IPO

Facebook's Board of Directors

Fifty-eight percent of Facebook users are women, and women account for over 70 percent of daily fan activity on the site, but when Facebook goes public a few weeks from now, its board of directors will consist of only seven white men, and no women. To address this inequity, the women’s rights group Ultraviolet has started circulating a petition, and a group of women from across the world have started a campaign called “Face It” to pressure Facebook to include women — and expand the diversity — on its board. What’s raising eyebrows even more about the complete absence of women from the board is the extent to which Facebook depends on women, since women are known to be more avid users of Facebook than men and account for about 70 percent of Facebook’s fan activity.  Facebook’s estimated $100 billion public stock offering would not be anywhere as big as it is without massive participation from women — a fact that the demographics of its board fails to reflect.

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