The Facebook IPO: billion-user ambition at a $1bn price | Michael Wolff | Comment is free | guardian.co.uk

by peterjukes

That’s, of course, the ultimate Facebook sell: Mark Zuckerberg, a true American savant – Steve Jobs, but better even (and not so nasty) – has created a wholly-owned internet, which can not only monitor behavior but can encourage it, and regulate it, and dominate so much of it that Facebook inevitably becomes the platform for modern life. Spotify, and the infuriating feature that shares all songs you play with god knows who else, is just a recent example of the Facebook plan for universal integration. This is the $100bn-and-climbing vision, which now, in the public glare, will have to walk past cagey regulators, grumpy media, issue-hungry politicians, impatient shareholders and irritated customers.

via The Facebook IPO: billion-user ambition at a $1bn price | Michael Wolff | Comment is free | guardian.co.uk.

Advertisements