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Note, the author of this piece has a long-standing grudge against Mark Zuckerberg. Namely he thinks he co-founded Facebook, and filed lawsuits about it. Back

by btilly 6y ago

Note, the author of this piece has a long-standing grudge against Mark Zuckerberg. Namely he thinks he co-founded Facebook, and filed lawsuits about it. Back in 2009 they were settled, and he has been a public critic of Zuckerberg since. See https://www.adweek.com/digital/facebook-announces-settlement-of-legal-dispute-with-another-former-zuckerberg-classmate/ https://www.adweek.com/digital/facebook-announces-settlement... for verification that there was a lawsuit that got settled. And see the end of the article for the fact that he still maintains that he was the original founder of Facebook.

jjeaff 6y ago
Ok, but which of his assertions are wrong?
- deleted 6y ago
  [deleted]
- btilly 6y ago
  The big one is that he claims that Zuckerberg just ripped off his original code. He lost that one in court. His opinions on Zuckerberg's personality are heavily flavored by that personal conflict. Second, Facebook does not have a monopoly. Unfortunately for them, social networks are not that sticky. And they can only continue buying every up and coming social network for so long before they miss the critical one. (Perhaps Tik Tok will turn out to have been the one...) And finally Facebook is not a Ponzi scheme. I think that they are overvalued. But not Ponzi.
  - thinkcomp 6y ago
    You're incorrect on all three counts. I never claimed he copied code line by line, and that issue was never litigated. I never even sued Mark. So I definitely didn't "los[e] that one in court." Anti-trust scholars and Congress agree that Facebook has a monopoly and has engaged in monopolistic behavior. See https://judiciary.house.gov/online-platforms-and-market-power/#3 https://judiciary.house.gov/online-platforms-and-market-powe.... It's an open question as to whether the FTC will sue on these grounds. You don't provide any justification at all for your assertion regarding a lack of Ponzi-type behavior, so I'll just note that I disagree.
  - omarforgotpwd 6y ago
    Thank you for saying this Ben! Be careful, Greenspan has a history of trying to burry criticism and threatening people who comment about him on the internet. He is probably looking up info about you right now.
TeeMassive 6y ago
Yeah if you read the PDf where he quotes Zuckerberg saying "it's not worth arguing about it" he thend replies "I agree".

by btilly 6y ago

jjeaff 6y ago

Ok, but which of his assertions are wrong?

deleted 6y ago
[deleted]
btilly 6y ago
The big one is that he claims that Zuckerberg just ripped off his original code. He lost that one in court. His opinions on Zuckerberg's personality are heavily flavored by that personal conflict. Second, Facebook does not have a monopoly. Unfortunately for them, social networks are not that sticky. And they can only continue buying every up and coming social network for so long before they miss the critical one. (Perhaps Tik Tok will turn out to have been the one...) And finally Facebook is not a Ponzi scheme. I think that they are overvalued. But not Ponzi.
- thinkcomp 6y ago
  You're incorrect on all three counts. I never claimed he copied code line by line, and that issue was never litigated. I never even sued Mark. So I definitely didn't "los[e] that one in court." Anti-trust scholars and Congress agree that Facebook has a monopoly and has engaged in monopolistic behavior. See https://judiciary.house.gov/online-platforms-and-market-power/#3 https://judiciary.house.gov/online-platforms-and-market-powe.... It's an open question as to whether the FTC will sue on these grounds. You don't provide any justification at all for your assertion regarding a lack of Ponzi-type behavior, so I'll just note that I disagree.
- omarforgotpwd 6y ago
  Thank you for saying this Ben! Be careful, Greenspan has a history of trying to burry criticism and threatening people who comment about him on the internet. He is probably looking up info about you right now.

TeeMassive 6y ago

Yeah if you read the PDf where he quotes Zuckerberg saying "it's not worth arguing about it" he thend replies "I agree".