Facebook Business
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Transcript of Facebook Business
Facebook Wants to Rule the World
• Introduction• Capital & Control
• Threats & Opportunities
• Impact on You
• Conclusion
• how did it grow so fast?• where does it go from here?
• who are the faces behind
facebook?• what is their vision?
• how will they achieve their
vision?• can anyone stop facebook?
• does the facebook business benefit you?
• will it have a negative effect on you?
the network effect
5 years0 - 150 million users 10 months150 - 300 million users 3 months300 - 350 million users 2 months350 - 400 million users
the language effect
URL: Ubiquity first Revenue Later
The Facebook Oligarchy arch-conservative & anti-social
Peter Thiel angel investor $500 000
Jim Breyer Accel Partners $12.7 million
Mark Zuckerberg Facebook $1000
an effort to build a state-of-the-art technological platform, plus the organizational infrastructure behind it, to enable a level of conservative activism previously achieved only by MoveOn.org and Obama for America.
a bridge between the CIA and new technology innovators, to discover, adapt, and deliver leading edge commercial technologies that can assist the CIA and the U.S. Intelligence Community.
dumped; hack into Harvard's directory, download photographs of classmates, post them online next to photos of farm animals to rate who was more desirable. Warned for violating student privacy and downloading school property. Celebrated in dorm with a bottle of champagne
Dollars follow eyeballs
The Social Graph
FacebookSymmetrical RelationshipFriendship RequestConfirm or Ignore?
TwitterAsymmetrical AttentionFollowing & Followers
Followed but not following(or vice versa)
The new social norm in action
the hypocrite
Facebook Will Rule the World(if we let it)
• The men who control facebook will use the money they earn from you to pursue extreme neoconservative goals
• Their grand vision for Facebook is to become the
world's most profitable advertising company • They care nothing for rights or feelings of the
individual user and will happily profit from them • Lock your privacy settings • Limit your exposure• Use other sites• Keep the Internet free