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I don't think he's ever suggested Facebook is anything but a for profit enterprise, but I think it is an extremely cynical take that "build a product a billion
by akhosravian 3y ago
I don't think he's ever suggested Facebook is anything but a for profit enterprise, but I think it is an extremely cynical take that "build a product a billion people would use before thinking about monetization" actually means "think about monetization first".
- username135 3y agoThe literal only goal of a public company is to make money for its shareholders; shareholder wealth maximization. I think your altruism is misplaced because they most certainly are thinking of $$$ first and foremost.
- tarsinge 3y ago> The literal only goal of a public company is to make money for its shareholders; shareholder wealth maximization. No it’s only a theory that emerged in the 70’s (https://en.m.wikipedia.org/wiki/Friedman_doctrine https://en.m.wikipedia.org/wiki/Friedman_doctrine).