Comment to 'The Facebook Dilemma'
  • One of the main reasons we never looked for external investment is the desire to stay independent from those “third customers”. It’s hard, but are trying to make it work. 

    Indeed, having a bunch of shareholders pushing money-agenda as the main cause is terrible. Yet, in Facebook case I think the situation is fundamentally different, in a bad way...

    Mark Z owns majority of voting shares. In effect he’s not required to even listen to othervsharehokders opinion. He also has plenty of money for personal needs. In effect, all the decisions he makes could be entirely governed by ethical values. Instead, most decisions are driven by desire to grow revenue at all costs. He is in a special situation where he doesn’t have to suffer a CEO dilemma, but that doesn’t seem to make any difference. 

    As the prominence of Facebook fades we are looking forward to completely disregarding it as a significant reference. 

    • The kids of 2030 will be like Facewhat??? Whats that..? There's parts of it that I love - so many people congregating around ideas and conversations is  incredibly powerful, potentially wonderful, world changing, something that we all dreamt of for so long. But the powers that be ie. Mark Z have proven unequivocally that they cannot be trusted - so we need to make ourselves the 'new powers that be.' Hopefully working together as a synchronous collective - bring on the Data Transfer Project!

      • I like to read you guys, bad people can not write this kind of thing, I'm glad to be among you.

        He is in a special situation where he doesn’t have to suffer a CEO dilemma, but that doesn’t seem to make any difference.

        It is the proof that mass money rotten any person whatever his rank, it drives crazy. You can observe this everywhere, whatever the field, including sport. I think you're well aware of that, since you've tried to protect yourself from it, great, but how much do you have the strength to resist? Few that's why the world goes so bad. Let's be the yellow vests of the web, this is our only hope ;-)