I read this earlier today. It sounds like originally Zuckerberg threatened to "crush" him by releasing an analogous product that flopped. Then, he tried to buy him. Knowing this, I'm actually rooting for this guy now. Fuck that business approach. Also, it sounds like they've already raised $2mm in funding. -What's an extra billion?
I'm rooting for anyone that loathes Zuckerberg, but I still reckon it's the best offer they'll ever get, and probably overvalued them. Snapchat is very youth and very zeitgeist - and Facebook is very panicky about losing youth. Perfect match. But I can't see Snapchat ever managing to develop beyond its niche, eg into the business community, like Facebook, Twitter, Pinterest and even Instagram and others have done, because of its ephemerality. Culturally and even legally, that just wouldn't fly in the business world (compliance requirements mean you'd probably have to store or keep track of all that stuff to begin with, like you have to retain emails for a certain duration). The problem is that its niche grows up and moves on, and then there are other, newer, cooler apps for the next generation. I just don't feel the longevity. Sadly, I just see it MySpacing.
cheer-up facebook is going to Myspace too. Zuckerberg and Spiegel are in very similar boats.
from your mouth to God ears. Look at the quality of ads on facebook similar quality to late night tv. 3/4's of the accounts seem to be fakes. Close connections with the NSA the thing is a house of cards one quick blow to the table nd the whole thing falls.
I just can't bear Zuckerberg as a person, nor his politics. I don't necessarily find the ads tackier than elsewhere, though I wasn't madly impressed to get an ad for "mature dating". Then I remembered my birth year is likely set to 1901 or something, so fair enough perhaps...
I got an ad for an app that lets me know the best time to get pregnant and increase my chances of getting pregnant by x%. My Facebook has me at 23 and single.
... I think that's on the advertisers more than Facebook though.
Maybe their advertising algorithm just figured me out :)