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>I don’t think a lot of poorly managed companies even get to a $1b valuation. I think any product can become valuable depending on how you market it to your ta
by docbrown 8y ago
>I don’t think a lot of poorly managed companies even get to a $1b valuation.
I think any product can become valuable depending on how you market it to your targeted users. FB is said to be somewhere you can go to be with friends and family; share memories, no matter where you are. If we’re going to ignore all of the ads and data mining going on behind the scenes, it’s easy to say that FB is doing a good for society. But it has its flaws.
Just earlier on HN there was a link about FB possibly selling user data. We have the Cambridge Analytica mess from the election.
Zuckerburg is smart when it comes to programming and tech, but running a company ethically is a different ballgame and that is the problem a lot of people have with his company. Nobody is saying he’s doing a bad job at building the product. He’s doing a bad job of managing the trust his users put into him when they use his service every single day.
- askafriend 8y ago> I think any product can become valuable depending on how you market it to your targeted users. Alright, not to be rude but this is a dead giveaway that you've never built a business or product before and you don't know what you're talking about. I hate to call you out like this...I understand the sentiment you're trying to express, but any entrepreneur or product leader who looks at your comment will immediately know that it has no legs in reality. This is not how any of this works. Your follow-up is also a completely different argument than the one you initially presented.