Mark Zuckerberg: Building Global Community

I think the HN community have discussed at great lengths and even Veritasium's video have talked about some of the things they like to do when Wall Street is watching.

So my question is, why? Why show one side to the world and the other a very different treatment one that must appease Wall Street?

I get that public companies are on the line when it comes to Wall Street but if a company that is supposedly almost as valuable as Google but unable to print cash like Google, does it not make sense that Facebook will be overly aggressive and downright questionable when it comes to strategies to maximize it's user base which it heavily relies on for it's current valuation?

This is the vibe I'm getting whenever I read something Mark writes. No credibility that matches my standards which other tech giant easily passes.

Just take a look at TWTR. Investors are signaling they are increasingly anxious to see more cash and sooner. TWTR looks like the first to go and as global risk premium increases so do the continued viability of FB against cash rich giants like Google & Microsoft.

I'm going to do some research on FB and see if there's any shorting opportunities. If TWTR can crash and burn, there's nothing stopping FB which operates on the same business model of building an audience first before seriously monetizing it.

I'd love it if somebody could offer more insights or even correct me, but I can't shake the feeling, Facebook is in serious trouble as reflected in their strange policies recently, especially around Fake News and trying to enter an attricious battle in China.

Why would FB keep doing what they were doing 10 years ago if they have money printing machine like Google Adwords? I don't think they'll figure it out in time.

It's talking about building global communities, so anybody or everybody could or should have such an ambition.

Does that give one a sense of unease thinking about it?

If that is the case then maybe global community in that sense may not be a popular or good idea.

In this context, I'd like to draw your attention to how developing countries viewed technologies and ideas from the developed countries until a couple of decades ago. They've copied them first and then moulded them to their specific needs.

But technologies and ideas of the last decade or so cannot be copied and moulded, instead the ideas subsume them. There's no Facebook like thing in India. They use Facebook. There's no Google like thing in India. They use Google. This is ok as long as it's affecting only a small slice of their experience. However that slice has been growing and becoming more important every passing day. More people are becoming more concerned.

That concern is a lot like the sense of unease I alluded to earlier.

So people that the community trust would have a larger say in what the community saw on the front page. Say for every 1K karma they get an extra 0.1 to their vote... I think mine would be about +1.3

I think the same could work in democracy but on a more fine scale. At the moment my local MP has more of a say in government than I do. Rightly so. But we could make those levels more interesting, if we said that if twenty people endorse you, your vote becomes twice as powerful. I bet someone has thought this through better than me.