Zuckerberg: Investors underestimating Facebook

Facebook boss Mark Zuckerberg said he had not enjoyed seeing his company's stock pummelled on Wall Street this summer, but was relishing the opportunity to prove his critics wrong.

"I would rather be in a cycle where people underestimate us because I'd rather be underestimated," chief executive Mr Zuckerberg said. "I think it gives us the latitude to go out and make some big bets."