Good, good - keep going, Mark.
this post was submitted on 02 Aug 2026
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Becoming a billionaire really does seem to get to people's heads, the younger the billionaire the worse.
Zuck is being completely reckless, burning through hundreds of billions of dollars hopping on every futuristic idea, and doesn't listen to anyone's fair criticism anymore.
He probably even thinks he is some great visionary and everyone else is holding him back, and that's why they work for him, not the opposite.
In a sane socioeconomic system we wouldn't people get this rich and powerful for their own good, especially young people.
But it is better he spends the money than hoarding it.
Why so? Hoarding money, as well as burning them, is practically equivalent to returning them to the treasury. Spending them wastes labour.
Spending them wastes labour.
Uh, this sounds as shallow as driponomics arguments.
Is that his real name!? I thought it is Fart Fuckerber
Couldn't have happened to a more deserving bot.
At least he didn't have to spend all that money on higher salaries. How you boys liking the rocket game? I'm thinking about blowing a few dozen billion on that, just as a hobby. Not trying to make money off it.
Outside of Facebook what has he been responsible for that didn't blow up in his face? The only other things Meta has that aren't thus far miserable failures are Instagram and Whatsapp, both of which they bought.
And Google built a search engine. Everything else they've tried to build has failed, other than maybe Gmail which was just a Yahoo Mail / Hotmail clone. Everything else that has been successful has been an acquisition: Maps (Keyhole), YouTube, Android, Google Photos (Picasa), Doubleclick...
We really need robust antitrust. How many of these acquisitions would be thriving companies in their own right, competing with the big tech giants if the tech giants hadn't been able to absorb them.
Google+ is an example of what happens when companies have to compete instead of acquiring other companies. Google poured billions into it and it flopped completely.
Reminder that he stole Facebook
Oculus perhaps, although also bought
And immediately blew it up after buying it.
What is the state of VR? Still super niche?
always will be. I just don't afford a couple hundred grand for the "bigger living room" optional accessory
Marky Zuckerberg may run Meta into the ground however the fucker will still be rich.
Which does piss me off, BUT the world would be better if we took Meta, Reddit, Twitter, and all the other social media giants and gave them the Ole Yeller treatment
amazing how many missteps you can make as a ceo these days without consequences...
The current Economic structure is designed so that the thing that makes the most Money is having Money and tilted so that the more the Money the bigger the effect.
This is why, for example, many if not most countries have higher taxes on income from work than on income from dividends.
It's not by chance that Social Mobility has collapsed to pretty much non-existence in most of the World, especially the US (were the saying "You can be anything" actually used to be true, but not anymore, not even close) - the Economy is so extremelly rigged for Money to make Money that the dumbest, laziest, most inept rich kid will keep on getting richer their whole lives no matter how much they fuck up.
Tells you a lot about success and merit. He has absolutely no fucking clue what's going to be successful and what won't. He was just super lucky with Facebook.
The reason he's a billionaire is because the system is totally fucked up. He's a bug, not a feature.
It's what happens when you own a controlling share of the company. You can freely run it into the ground.
Such a punchable face. He and his wife are evil people. Stains on humanity.
anyone who owns 8-plus-digits fortunes are profoundly evil
It wont matter four shits to him, its all just playthings
I keep asking myself why he’s still there. Even Bezos retired at this point.
The only way to get him out of the CEO chair is for him to retire or die. He never gave up voting control during the IPO and controls more than 50% of the vote.
Has he picked a single winner since he stole the idea for facebook?
Probably only when he bought out Instagram and Whatsapp, that's all I can think of
He bought 100 lottery tickets through acquisition (probably more) and 2 of them hit.
Those were already popular before he bought them, and then he made them worse.
...but no less popular
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They are automatically putting ppls pictures in image to video ai without permission and advertising it back to them
For real? That is some dystopian Minority Report level advertising right there.
You mean, just like his pivot to VR?
I have to admit, I did wonder what his vr would look like and then he showed off something that looked like an early alpha release of a cheap second life clone in a giant global presentation, hilariously funny.
Exactly. Zuck stole the original idea to Facebook. Then bought a ton of companies after that for innovation. He has no good ideas of his own, when he does think of stuff, they are wild big company pivots that fail.
Zuck has never had an original idea in his head, ever. His initial claim to fame, prior to FB, at least on college campus' was making a "hot or not" clone utilizing photos from various Harvard facebooks. Every idea since then has been someone elses or he's tried to take the Apple approach of "let someone else do it first, then we improve on it" except he has never been able to nail down the second part. The only reason FB became successful was the initial exclusivity and it filled the gap of a post 20-something myspace/ICQ/AOL IM world.
At the time the idea was super innovative and it was fun to see your classmate’s photos.
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Gods I wish this was literal.
This video on how much of the debt these companies hold is hidden from their balance sheets is chilling. According to this, Meta "officially" owes $151B, but in reality has debt obligations closer to $572B.
That's over 40% of Meta's entire market capitalization, and they're rapidly adding to that debt. Meta's existing properties are losing users, and there's just no fucking way they'll be able to pay back this debt in the long term, because they have zero hope of deriving income from all this data center investment. At some point, BlackRock and the other private equity firms Meta owes money to are going to come looking for blood
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Destroying civilization, and destroying shareholder value.
What is his actual function?
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His is such a bad company but so poorly run by its dictator. He can't be ousted as he holds majority shares. It'd be funny as hell if it wasn't facilitating the progression of the end of our world. Dumping billions that could be used to feed and support people in need. Instead we got the metaverse and datacenters on every corner.
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