It seems Facebook.com founder Mark Zuckerberg stepped on a few toes on his way to the top, and those toes are swinging back around to catch him in the pants. The young CEO (22) was recently chastised by an old rival, who doled out some backhanded advice while he was at it.
slacker portrayal by the Wall Street Journal, Greenspan founded Think Computer at the age of 15, and later graduated cum laude from Harvard in 2004, in just three years with a degree in Economics. With the success of Facebook.com in 2004, Zuckerberg dropped out of Harvard. A few weeks ago, when Zuckerberg was facing a CommonRoom.com. The Aside from subtly calling Zuckerberg a thief, Greenspan went on to advise him to take the Yahoo! money ($900 million - $1 billion offer) while he still can. His reasoning: now that Facebook is opening up and going corporate, its user base could pack it up and leave. "You attracted the cool crowd by building a cool site, one that catered to what students wanted, not what investors wanted. It follows that if you re-align your interests, your users will re-align theirs." Greenspan insinuates that the $100 per user Yahoo! is willing to pay Facebook is overvalued already, considering that college students are broke and imagines that purchases beginning with a Facebook ad are rare. But he smacks Zuckerberg again, toward the end, by mocking Zuckerberg's apparent demand for $200 per user. The value of social networking sites has been debated since the explosion of MySpace.com, for which News Corp. paid $580 million, a price some considered much too low. But critics argue that the social networking sites are at risk of the coolness factor, with a crowd as fickle as fashion that could jump to another site just as easily. That appears to be what Greenspan is counting on as he invites Facebook users concerned about a corporate future to join CommonRoom. Add to Del.icio.us | Digg | Yahoo! My Web | Furl Bookmark Murdok:Rival Throws Sour Grapes At Facebook Founder
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