3 ms·
> Buy enough shares to have operational control of facebook and you can do whatever you want with it. That's impossible thanks to the dual-class share structur
by jonknee 9y ago
> Buy enough shares to have operational control of facebook and you can do whatever you want with it.
That's impossible thanks to the dual-class share structure that gives Zuckerberg complete control of the company.
- notyourday 9y agoOf course it is possible. It just involves getting one's hands on the shares of Zuck's class. The point is that all of the whining coming from journalistas/political class/guides/policy wonks etc is nothing other than whining of the former jocks who got de-throned.
- jonknee 9y ago> The point is that all of the whining coming from journalistas/political class/guides/policy wonks etc is nothing other than whining of the former jocks who got de-throned. Or that it might be a serious problem to have a global scale company that has perfected shoveling content to people so well that it can be hijacked to shovel lies into whole countries. It's probably worth talking about. The fact that it's controlled entirely by one person is just another wrinkle.
- notyourday 9y agoSure, except that NYT and Co had the microphone for over one hundred and fifty years during which it went from "All the news that fit to print" to "All the news that fit, we print" with observably disastrous results. So pardon people who aren't quite interested in hearing its whining.
- jonknee 9y agoThe NYT has this article because the US Senate is bringing Facebook in to testify today. If the NYT went out of business tomorrow this would still be a topic of discussion.
- kyleschiller 9y agoOkay sure, Facebook was built by nerds, and historically nerds in America have been bullied. Does that mean there can't be a legitimate criticism?