Posted by pieterr 5 hours ago
Google glasses came and went. Mets glasses should follow a similar fate.
Instagram went from a site for photographers to Reels everywhere (and login walls on every page)
Zuckerberg is awful. Awful, awful, awful.
Other than ad revenue, the company hasn't had any big wins. VR didn't take off. Metaverse didn't take off. AI models didn't take off. All multi-billion dollar ventures. Any other board would have sacked him by now.
it's because he controls the board by being the majority voting shareholder.
This is what happens when the gov't decides that it is legal for share classes with different voting rights. It ensures that you can sell equity to obtain money, without actually giving up control of said company at all. In theory, buyers would discount the sold equity due to this, but in practice, they don't (esp. if they're retail buyers).
Of course the counter-argument is "makes money". That first of all doesn't make a good CEO (if you put no money into maintaining your site, for example), second of all it ignores all the fraud
Because of the existence of Class B shares.
Now I don't depend on CIAbook, formerly known as Facebook, in any way, shape or form. And I don't use Suckerberg's Spyglasses either - hopefully others feel in a similar way, but unfortunately money convinces people, and I noticed a few "auditors" using spyglasses allegedly for "protection" (though, why they don't use normal vide cameras instead, beats me - perhaps they are not truthful). I fear that the spyglasses will be a success since Suckerberg is so sold on spying on mankind. If Google were not to exist, Facebook would be the number #1 evil company right now.
They made a product, interviewer is using it as intended. He walked up to people, asked questions while using their product.
If they don't like it, walk away. Zero harassment.