09-02-2022, 08:35 PM
Not just the industry, but governments and regulators around the world, Facebook/Instagram/Whatsapp users, platform owners etc are against his business model.
Precisely because his main business model (using whatever it takes to collect as much personal data as possible; and then monetize them, in ways that maximize value to Facebook, but not to users etc.) isn't in good faith (not stakeholder friendly).
Why do we expect anyone (e.g. regulators, users) to defend them, when Apple give users a choice whether or not to be tracked?
Only 4% of Facebook users, want to be tracked by Facebook, when given a choice: https://bestpractice.biz/just-4-of-faceb...ng-setting
Why doesn't Facebook have the trust of their own Facebook users?
Precisely because his main business model (using whatever it takes to collect as much personal data as possible; and then monetize them, in ways that maximize value to Facebook, but not to users etc.) isn't in good faith (not stakeholder friendly).
Why do we expect anyone (e.g. regulators, users) to defend them, when Apple give users a choice whether or not to be tracked?
Only 4% of Facebook users, want to be tracked by Facebook, when given a choice: https://bestpractice.biz/just-4-of-faceb...ng-setting
Why doesn't Facebook have the trust of their own Facebook users?
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger