Pivot Facebook's Russia problem (pt.2), Zoom's soaring market cap, and a prediction on Shopify
Sep 4, 2020
The discussion dives into Russian election interference on major social media platforms, raising questions about accountability and ethics. Zoom’s rapid revenue growth captures attention, exploring strategies for managing newfound power. A listener from Australia prompts a fascinating debate on a proposed law requiring tech giants to share ad revenue with publishers. In predictions, there's excitement about potential big spending from Shopify, all while contemplating the shifting dynamics of retail and e-commerce.
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Russian Interference 2.0
- Facebook and Twitter found Russian interference from the same group as 2016.
- This time, they hired U.S. writers to create disinformation.
Zuckerberg's Hypocrisy
- Mark Zuckerberg's $300 million donation to combat election interference is hypocritical.
- It's a tiny fraction of his wealth, given that Facebook is responsible for the interference.
Palantir's Hypocritical S-1
- Palantir's S-1 filing is full of hypocrisy.
- They criticize Silicon Valley while benefiting from it, overpay themselves while claiming socialism, and lost a substantial amount on every dollar earned.