3 ms·
The amount of fraud in the statistics coming out of Silicon Valley companies is really shocking. Just finished the book “Chaos Monkey” by a former PM at Faceb
by Top19 9y ago
The amount of fraud in the statistics coming out of Silicon Valley companies is really shocking.
Just finished the book “Chaos Monkey” by a former PM at Facebook, and he goes into detail about how Facebook, and particularly Google with Google+, were padding their numbers by 30, sometimes 40%. If anyone wonders how the bottom will eventually fall out of some tech companies, it will be a real but not terrible decline in usage, that leads them to more scrutiny, that then reveals histories of fraud on a Wall Street level scale dating back over a decade.
Chaos Monkeys: Obscene Fortune and Random Failure in Silicon Valley https://www.amazon.com/dp/0062458191/ https://www.amazon.com/dp/0062458191/
- themagician 9y agoFacebook is the one that’s been the worst offender for damn near ever. Back in the FB games days you had millions of users with dozens of accounts. Click/like/fan fraud is beyond rampant. It’s really difficult to get a positive ROI out of Facebook advertising. It’s a product used by damn near everyone, but one that only actually works for small niches. But we all do it because, “Well, you’ve gotta be on Facebook.” 20 years in and the only two ad products that really work universally are the intent-based ads attached to search on Google and Amazon. Everything else is just shit CPM awareness spam. Sometimes better than shit when used with intelligent retargeting, but mostly shit.
- QAPereo 9y agoThe amount of fraud in the statistics coming out of Silicon Valley companies is really shocking. Really? There’s an HBO show in its fourth season predicated largely on the premise of SV hypocrisy and bad behavior.