Forum Post: Facebook IPO - another example of 1% dominating the 99%
Posted 11 years ago on May 16, 2012, 2:27 p.m. EST by Imamoderate
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Here is a real chance to show the power of the 99%. In a couple of days, the 1% is going to get even richer, yet again, off the backs of the 99%. Use social media to convince enough people to cancel their Facebook accounts before the IPO hits and watch the stock price crumble. This movement has a worldwide reach... use it and shake the pillars of wallstreet.
Everyone should avoid having a facebook account. Zuckerberg is a gifted programmer, no doubt, but $17 billion? He deserves to be wealthy but let's get real.
And who are you to decide how wealthy he should or should not get? Would you like my opinion on what your net worth should or should not be?
You have a point. I'm OK with facebook making an infinite amount of money. Like you said, who am I to decide? I think the site is a joke but obviously many don't share my opinion.
Yeah I always have a point. FYI, I find FB very useful. It saves me the pain of meeting people in person and I can still have up to date info on them without having an active interest in their silly lives
friendsters forever
oh crap they took my kidney
Another example of the 99% willingly creating another for inclusion in the 1%.
Public traitors in deep mourning. IPO is successful. I congratulate Zuckerberg. Facebook will live.
Facebook Sued for $15 Billion in Suit Over User Tracking
Facebook Inc. (FB), which is scheduled to begin trading today, was sued by users of its social network in an amended class-action case claiming the company invaded their privacy by tracking Internet usage and seeking $15 billion.
The lawsuit, filed in Federal Court in San Jose, California, combines 21 cases filed across the U.S., according to a statement by Stewarts Law US LLP, one of the firms leading the claim. It accuses Facebook of improperly tracking users even after they logged out of their accounts.
“This is not just a damages action, but a groundbreaking digital-privacy rights case that could have wide and significant legal and business implications,” David Straite, a Stewarts Law partner, said in the e-mailed statement.
http://news.cnet.com/8301-1023_3-57437060-93/facebook-sued-for-$15-billion-over-alleged-privacy-infractions/?Media
So you are unhappy because a bunch of really smart engineers, who joined Facebook when it was a small startup, are getting rich?
I call that jealousy.
A lot of these engineers are people like you and me (two of my friends joined FB when they had less than 30 employees), Zuckerberg himself was a college dropout. He is now a 1% because of Facebook and not the other way round. He could have easily been just another engineer or just another guy whose startup flopped.
You should be applauding that so many non 1%-ers are getting into the 1% club. Instead you are seething with jealousy.
I'm a tad confused on what people want or have deleted their Facebook accounts
Police surround NY Federal Reserve after 'End the Fed Flash Mob' Facebook post
http://www.youtube.com/watch?v=MjKh1CEeSfE
I canceled over a month ago when I heard about the IPO. Most companies create a product and sell it. With FB .......... "You Are The Product"
Does anyone know if there's a person/group of people who know about many aspects of this organization? I have a few questions that I really need answered. This is a really smart idea, by the way.
Now this could work, but FB is basically an addiction.
I managed to delete my FB. I still have a twitch in my right eye, but that's all.
We are behind you, cancel your facebook accounts, OWS. Where is everybody on this topic. This is important.
I got off last winter.If memory serves me it takes fifteen days.You can not go back in that time or it reactivates.