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When I moved to Silicon Valley in 2006, I had just lived through the events that were eventually twisted into the movie The Social Network. My conclusion having
by thinkcomp 13y ago
When I moved to Silicon Valley in 2006, I had just lived through the events that were eventually twisted into the movie The Social Network. My conclusion having witnessed Mark's behavior firsthand was that he was the least trustworthy individual I had ever met and that he was likely to harm others.
At the risk of sounding like Chicken Little ("the sky is falling!") I wrote a great deal voicing my point of view, including my very first post on Hacker News (https://news.ycombinator.com/item?id=24742 https://news.ycombinator.com/item?id=24742), in which I called Mark a fraud. For expressing my grave and sincere concern, I was met with what could only be described as considerable hostility.
Aware that very few wanted to hear what I had to say, I did everything I could to move onto more interesting and useful work. I don't spend my time worrying about Facebook, so I haven't looked into their ad technology in any depth. Nonetheless, everything in the above video strikes me as spot on, which would also mean that I was exactly right. Facebook's entire valuation appears to be based on little more than false advertising and click farming. As the CEO of a publicly-traded corporation with a supposed market capitalization of $162.61 billion, Mark would still appear to be, as I described here (http://www.aarongreenspan.com/writing/essay.html?id=80 http://www.aarongreenspan.com/writing/essay.html?id=80), the greatest con of all time.
I hope that based on these findings Facebook finds itself the target of civil actions filed by multiple Attorneys-General and the DOJ, but I doubt very much that our justice system would render a fair outcome even then.
- onedev 13y agoSounds like you're a little bitter.
- memracom 13y agoWithout judging whether he is right or not, I'd just like to point out that IF he is right he would fill the same role as Nassim Nicholas Taleb in the Banking Collapse of 2008 and the role of Harry Markopolis in the Bernie Madoff pyramid scheme. So there is ample precedence for this being a correct assesment and if you have read anything surrounding the Madoff controversy and the banking collapse, you will know that the NY financial scene is riddled with incompetence and corruption. It is entirely possibility that Facebook is the biggest stock market fraud in history.
- brokenparser 13y agoZuckerberg isn't a con, he's an entrepreneur and a successful one at that. He even created jobs in third world countries :)