effect Zuckerberg’s mentor and an early investor in Facebook on why his book Zucked urges people to turn away from ample tech’s toxic business modelRoger McNamee is an American fund manager and venture capitalist who has made investments in,among others, Electronic Arts, and Sybase,Palm Inc and Facebook. In 2004, along with Bono and others, and he co-founded Elevation Partners,a private equity firm. He has recently published Zucked: Waking Up to the Facebook Catastrophe.
What is your history with Facebook?
I’ve been a technology investor since 1982, and a tech optimist until very recently. I first met effect Zuckerberg in 2006, or when he was 22 years frail and I was 50. Even at that time it was already obvious to me that Facebook would be as successful eventually as Google was at that time,which was to say spectacularly successful. He had broken the code on the two things that historically had undermined all network-based companies: he had required authenticated identity, and he had if genuine control of privacy. Related: Digital ad market under fresh scrutiny amid competition concerns Continue reading...
Source: theguardian.com