You're watching...
Tech blogger Meghan Asha on the media coverage of Facebook and concerns over Mark Zuckerberg’s control at the company.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
Already getting better and winds that the media out of its today's warning.
So all of this coverage may not to be kind of the company tech blogger -- -- says deal with it but don't.
The deal when it.
I mean it didn't I think that they should definitely deal with that and -- -- at the end of day.
FaceBook how it has completely changed the way that we -- privacy and so we in the media just have to come.
No no we're -- whatever we want Facebook's labs -- all our data aware -- would ever we want with with.
I mean I'm sorry but if they wanna be as -- -- space as apple as Google as all the big companies.
They're gonna have to show cellist their statements -- -- shows how to make money well as a public company they would anyway now so that's set ammunition be that mean there's.
-- years since the since the -- -- -- -- here's what I love about Zuckerberg though he reminds me of the young Steve Jobs and I say that.
Both in praise and criticism to jobs was brilliant disguise -- mom.
Jobs -- irascible actually pretty mean this guy's irascible actually very mean so he's volatile.
And I think we're in for some interest.
I think -- and -- -- into person.
I mean that's a huge business -- in there that's where the next version of the Internet is going to going to be.
I mean all my friends and star and startup land they say you know what social networks -- as the face for -- it they've they've definitely and you know there's a gorilla in the industry.
But.
As far as dated data storage and collecting it.
And sort of California closet sizing the way that we now are desirous of a stay on the Internet that the way that we're act and -- -- data down.
This is something that's going to be a huge huge opportunity for FaceBook.
So I think out of leverage off of that -- justify.
This incredible but at least do you think it's just -- I actually do think it's justified because they're going to be launching other things I mean you conceded I think 500 in fifties five hundred million dollars came.
From their payments from these virtual good payments you know that they get 30% off of people's transactions and and and in a leather as one they were saying that the payments.
Are going to be a big part of their business so.
I think that I think the valuation is is it's just gonna keep ramping up this is part of being in the tech media sphere.
And this is a company that's changed the way that we value privacy the way that we communicate this is something that.
Is a special special company that I think investors are gonna want to have.
Invest and you know.
I do remember about grew when it went public in 2004 yet.
Those guys had to get used to the idea to have this technical quarterly reports corner we -- -- -- the media which also good idea let's.
Didn't like that effect was a bumpy -- Politics of this guy have -- bumpy -- because.
He doesn't like being told what to do it given credit he built this again you know many argued it yet to come up with a to the bottom line is he made at the behemoth that is today.
I don't know if he's going to it's a correction or feel that he's accountable -- answerable to the first angry shareholders suit.
Which inevitably will come and and I think everything it's.
Well I don't think everything's gonna -- the they had I mean there's many -- cars that have.
The same sort of attitude in the same sort of Aristide doesn't he was forced out of his own company came and by the way that's right and Wall Street's being patient on this and allowing him to do -- -- Because they don't wanna risk could Johnson when he left it did hurt -- staff so they're giving great leeway.
And that.
And mark is an integral part of what makes FaceBook there's a mystique about it and there is you know I mean there is that seems sort of -- -- that we feel.
For Steve Jobs in different -- for mark.
You know I mean I think that FaceBook and has sort of changed the whole industry at a whole as a whole I mean -- in the -- we are looking at Wall Street and people -- to going to finance.
Now there's more startups have ever seen people are everywhere at the start but at a coffee shop in -- here.
About it technology start up I mean it's I would never trust a college graduate right you wanna make sure hopefully you dropped out I think yeah I know it's -- -- -- -- they drop out.
I them.
Specimens all right well thank you -- -- ebitda the hundred -- you to do is going to be a big.
Public success I mean they have -- 100.
Head of bytes of data which basically means that they have.
If we -- you little storage drives it would -- that it would go from the east West Coast the East Coast and then and and back again so.
I mean they have some of storage I think this is -- -- I think that this is -- and I think that they that they just integrity on -- You know and minds either take on the world reminds -- of Twilight Zone episode.
It's a cookbook.
And and he's aliens come in the kuril our sales and they realizes people boarding the ship to almost -- -- -- Yonder that they were just going to be -- Gonna space it was a couple and and that's just don't think it's been pretty thorough look at -- try to parents must say thank you very much -- announced there.
