FSJ on Facebook

Thursday, March 6. 2008

You have to love Fake Steve Jobs.....

You have to remember what Facebook's core business is about. It's not about helping people stay in touch with friends or express themselves. It's not about changing the world or creating an ecosystem for small apps makers. It's not even about selling ads. Facebook is a vehicle through which a bunch of investors in the Valley hope to turn a small pile of money into a much bigger pile of money by selling shares in the public markets. That is Facebook's core business. That is its raison d'etre as they say in Latin. This is a company created by, for and about venture capitalists. It's not a company so much as it's a narrative. A fable. A fairy tale.
Tsk...such cynicism in one so young

Caveat Emptor, as the also say in Latin......

Posted by Alan Patrick in Social Networks at 00:58 | Comments (0) | Trackbacks (0)

1307 hits

< Deus ex Machina ex Twitter | Who dares wins - but not always, sadly :( >

Trackbacks

Trackback specific URI for this entry

No Trackbacks

Comments

Display comments as (Linear | Threaded)

No comments

Add Comment

Name
Email
Homepage
In reply to
Comment	Enclosing asterisks marks text as bold (word), underscore are made via _word_. Standard emoticons like :-) and ;-) are converted to images. E-Mail addresses will not be displayed and will only be used for E-Mail notifications To prevent automated Bots from commentspamming, please enter the string you see in the image below in the appropriate input box. Your comment will only be submitted if the strings match. Please ensure that your browser supports and accepts cookies, or your comment cannot be verified correctly. Enter the string from the spam-prevention image above:
	Remember Information? Subscribe to this entry