Certainly some will staunchly defend the “fact” that Facebook is already toxic, possibly even a wretched hive of scum and villainy. Roger McNamee, an early investor in Facebook, and sometimes referred to as Mark Zuckerberg’s mentor, has been making the cable TV rounds for the last week explaining that he is somewhat ashamed of what Facebook has accomplished. While this Business Insider article focuses on bad actors, election manipulation, and fake news, I did catch an interview last week in which McNamee fully discussed the addictive nature of Facebook (autostart video warning) usage and that is was designed into the platform purposefully and he now regrets his actions as being part of it. Just say no to Facebook.



As it happened, Yahoo had just offered $1 billion (then around £509 million) for Facebook. Though everyone was advising the opposite, Zuckerberg took McNamee’s advice and turned the offer down. McNamee went on to mentor Zuckerberg and invest in Facebook through Elevation Partners, the investment firm he cofounded with U2 frontman Bono.

Discussion

Source: [H]ardOCP – Facebook Moves Towards Toxicity