Skip to comments.Is Mark Zuckerberg in over his hoodie as Facebook CEO?
Posted on 08/19/2012 10:43:24 AM PDT by PJ-Comix
The deepening slide in Facebook Inc.'s stock is fueling talk once considered implausible on Wall Street and in Silicon Valley.
Should Mark Zuckerberg, the social media visionary but neophyte corporate manager, step aside as CEO to let a more seasoned executive run the multibillion-dollar company?
(Excerpt) Read more at latimes.com ...
Just Facebook? How about all of the social networking crap. Every website I visit (other than this one) has a giant bar with 10 buttons on it asking me to Like/Digg/Plus/Promote/Jabber the article. It’s just like reality TV. Entertainment for the masses.
So far, Zuckerberg has done pretty well for himself, I’d say. Of course, he’s still young and if he were to blow the billions of dollars of wealth he has created over the next decade or two, he might later be viewed as a failure.
I like his odds, though.
By the way - apparently you can block the game when you get an invite from someone, but I can’t help you much beyond that, I don’t use Facebook (wife says you’re welcome).
Sure, there's a role for this in some circumstances ... but I see it all as symptomatic of a nation that is bored out of its collective minds.
I don’t have time for all their gizmos. I actually do spend money on eBay all the time because it is a service I actually do USE whether to buy or sell. BTW, my feedback # is now 990 so I am only TEN away from the magic thousand.
eBay was the biggest innovation of the Dot.com era. It took the yard sale online and gave it world-wide potential. It permitted mom-and-pop or smaller concerns to have a catalog accessible by millions. And by taking a small cut of the action eBay has an enormous revenue stream that permits continued upgrade and acquisitions. eBay will not insult its customers as Facebook has - that would threaten this revenue stream.
Great shorting opportunities.
And what is “Farmville” and WHY am I getting dozens of requests every day to join it?
In the early days, eBay was a great place to sell. I even sold a crappy 50/50 Renn & Stempy T-shirt for $41 once. Nowadays the prices have plunged so now I mostly buy rather than sell. A lot of stuff is cheaper even with shipping (often with free shipping) than buying in stores. Facebook I just don’t get what the economic value is.
You can block those requests. I use fb simply because all my relatives live in Oklahoma, Arkansas, Louisiana, etc. and it is a great way to stay in touch with them.
He’s the captain of the ship. He built it. He made the decision to go public. If it goes down, let him go down with it — at the helm.
Let him stay. I hope his ineptitude hastens the demise of this evil thing.
IMHO, 10 years from now FB will be looked at as a failed antique. It will run out of steam. There’s only so many ways you can exploit your customers over the Internet. And then what do you do to maintain the revenue stream?
Let it die.
I don't like FB at all but, like you, we have some relatives we stay in touch with that way. Some just don't use email. The only things I post are 1) articles slamming FB and Zuckerberg and 2) articles that will infuriate our lib relatives. We've no clue what Farmville is and never touch a like button.
Ever tried Skype? It's free and blows FB all to he!! and back. Plus you don't have to worry about having all your stuff scanned and being targeted. For now. Microsoft recently bought Skype. It remains to be seen how they will screw it up.
Without a drastic change in business model, the only way for facebook to increase revenue is to A) increase users or B) agressively data mine people’s accounts to sell targeted information.
I don’t see FB having the ability to greatly increase the number of users because being free, everyone who wants an account already has one. If they start to data mine agressively they may see a backlash that leads custormers to the next social media site.
I didn’t think Google had much of a chance to increse revenue after their IPO but they took their billions and developed products significantly different from their original search engine business model. If FB does the same and invests the billions into something other than the curent model they have a chance. Otherwise they are making as much money now as the ever will.
It is an addictive fantasy game where people who have never seen a farm pretend to work on one. They get up at 5:00 to milk the cows, etc., and a variety of surprises await the true addict.
" A poor lost cow is wandering around Farmville."
"Oh, Poor Lost Cow, why are you crying?"
" Moo! *sob* Nobody will give me their Credit Card Numbers or Banking Passwords!....Will YOU be my FRIEND?"
I have otherwise intelligent friends who have become shut-ins and social cripples over this nonsense.
Yes Skype is great but is not comparable to fb. If I want to make phone calls long distance on my cell is free. Only diff with Skype is you can see them.
I’ll keep my fb for relatives.
I don’t have a high opinion of social media - the only real innovations coming from this space are the norming of exhibitionism and the abandonment of privacy. But the criticisms of Zuckerberg stemming from Facebook’s share price are silly - he stated pretty clearly before Facebook went public that he was determined to focus on his long-term strategies and not on short-term investor gratification. Investors who feel they’ve been burned have only themselves to blame - snarking about Zuckerberg’s hoodie and what-not is ridiculous.
He made a lot of money in the process.
His limitation, unlike Steve Jobs, Bill Gates, and several others, Zuckerberg is NOT a VISIONARY.
In essence, he's a guy who won the lottery.
You are not alone in finding it more and more annoying...it is increasingly less and less user friendly as far as an interface to interact with friends...it is becoming more like a website with the option to make comments. It needs to revert back to the way it was circa mid 2008 with the Wall being wholly separate from the other postings. There was a lot, lot more friend to friend direct discussion back when it was like that and other postings being separate. It was so much better and fun to be interacting with friends both current and old you haven’t seen in awhile and would otherwise not be able to keep up with so regularly - and I thought that was the purpose of facebook. Now you just post something and everything is just a reaction (if people want to even comment) to what was posted. The timeline is now especially annoying.
The value of eBay is that it’s making money and projecting rather steady earnings growth going forward.
Actually, according to the movie “Social Network,” it was the Winkelvii who had the good idea.
First Obama picks the CEO of GM and now the LAT wants to pick the CEO of Facebook. Sigh.
I’ll probably be using eBay tomorrow AM to buy MORE coupons. I know of a coupon where if you buy it for just 75 cents, it is the same as putting 5 bucks in your pocket or a net of $4.25. And it is one of those MAGIC coupons you can use on anything.
Be thankful they don't offer more. What I mean is, with their cavalier attitude towards ownership of user data, who would want to involve them in any financial matter?
“Is it just me or does anybody else find Facebook to be getting incredibly ANNOYING lately.”
LOL! As I was reading the first sentence of the article, that is THE EXACT thought I was having! I used to post to FB links to political articles I found at FR; never, ever anything personal unlike my fool “friends”. I never read anything they posted either.
But, I quit doing even that because FB is SO ANNOYING! They keep changing the UI, and never for the better, taking more and more control from the user about how they MAKE the users use FB or view FB. So, I finally just drifted away, because really, enough was enough. I guess enough die-hard sheeple will always hang there no matter how rigid FB becomes because they otherwise have NO FILE WHATSOEVER!
“The natural result of “successful social networking” is that you get constant pings and reminders from a bunch of seriously stunted people every time they take a dump. “
Yep, from that generation that has been taught in the government schools how special they are just because they exist. So, here they are now, constantly posting the inane trivia of their trivial lives, thus “proving” to themselves and the world just how special they really are.
“I have otherwise intelligent friends who have become shut-ins and social cripples over this nonsense”
Uh, are you completely sure you haven’t misjudged their intellect?
I found a good program that's high rated on Cnet that will fix the timeline problem. It's an easy, quick download and when installed, you'll see the "old" FB page instead of that crappy 2-column timeline.
10,000 ways for scammers to rip you off.
That's finance related.
Works great so far.
*sigh*. They belong to Mensa. But that only proves someone passed a #2 pencil test decades ago.
(Before Facebook rotted their brains??)
“*sigh*. They belong to Mensa. But that only proves someone passed a #2 pencil test decades ago.”
Ah, yes. Mensa. OK. All is clear now about the source of the supposed intelligence of these friends who love Obama.
(BTW, if you are in Mensa I apologize to you in advance for what follows.)
Here’s some choice words I’ve had here about Mensa in the past. First a post by another FReeper and then my response.
Posted by someone else at FR:
“Well, smart people quit Mensa very quickly when they realize paying a substantial annual fee gets them virtually nothing but the chance to stand around at informal gatherings with a lot of underemployed whiners who constantly complain that the world refuses to recognize their brilliance”
My response to that post:
“Well, that answers my question about whether any actual smart people are in MENSA. The only MENSAs I ever met made a really, really, really big deal about how they were in MENSA, and yet they didn’t seem all that smart to me. It struck me that it was very important to these people that they were in MENSA because it “proved” to the world (and themselves) how smart they were, and it seemed to me that these people were actually somewhat pathetic. Thus, I wondered if MENSA was actually made up entirely of pathetic people who were not actually very bright.
In my own experience, really smart people have no need whatsoever to prove to anyone else how smart they are. The world either recognizes that fact or not, and they don’t particularly care one way or the other. If they happen to meet another very smart person, then they may have found a new friend. Everyone else falls into one of two categories: teachable and non-teachable. Teachable people are deserving of their attention; non-teachable ones are not.
Since I always wondered why any really smart person would need to join an organization to prove they were smart, I’ve also always wondered if any actual smart people were in MENSA. Now I know. Thanks for the insiders point of view, namely that MENSA is in fact a good discriminator for intelligence: any intelligent person who joins MESA thinking it is an organization of intelligent people quickly discovers otherwise and quits, leaving only not-so-intelligent people as members. In fact, MENSA perfectly selects for those who remain members: not-so-bright and unaccomplished people who desperately wish the world would see them otherwise.”
Geez, you sound just like me when I'm trying to help someone with a Facebook question.
Although I use it all the time, I don't know a whole lot about the finer points, so my wife usually steps in and does the heavy lifting :-)
Actually, most of Ebay’s growth is thanks to Paypal. That’s truly the main business plan of a Silicon Valley company: make a boatload of money off of one idea, then essentially become a private equity investor. To the extent that you recognize good ideas and invest in them (like Google did with YouTube), you’ll be successful; to the extent you can’t, your growth rate slows down until even your first good idea gets replaced by something better (a la Yahoo).
Haha, apology not needed.
My wife and I joined that and another group many years ago as part of our "Bucket List".
There are upsides.
Having a high teacher membership, events are structured to be a cheap night out. There are fun events, games nights, hobby Special Interest Groups, etc.
All the negatives that person reported are there. But the human dynamics are really not any different from a Lions Club, VFW, Elks, etc.
There are dysfunctional, sometimes unbearable members who join for ignoble reasons, there are good interesting people as well.
It's just another self-selecting tribal thing. Like likes like.
That said, in the case of Mensa, Intertel, Trip9, etc., stupidity is not supposed to be an excuse...though members can do astoundingly stupid things, like throwing away their lives on Facebook, or voting Democrat.