3 ms·
>"Why don't we focus on the real issue being people rights to privacy and the shady practices of FB?" These things are all connected. The public is being sold
by tatsuke95 14y ago
>"Why don't we focus on the real issue being people rights to privacy and the shady practices of FB?"
These things are all connected. The public is being sold the idea that this is a $100BB company, one of the biggest in the world. Yet when some of us look at it (yourself, even) we see a great tool that doesn't justify the price as a business: as cletus says at the top of the thread, Facebook may just be another ad network that depends on its massive, engaged user base. Yet FB has problems with how it actually treats those users, through privacy issues and shady practices..
- kelvin0 14y agoI don't think that anyone who did their homework would have bought FB stock as a 'sure thing for long time investment'. FB didn't fool anyone who wasn't too greedy for their own good. Obviously I'm not saying FB is not a hugely successful product with an immense user base, but obviously the fact that this IPO is not 'going as predicted' by it's underwriters was clear to me waaayyy before the stock hit the markets ...