> Is the goal of FB engagement/virality/time-on-site/revenue above all else?
Strictly speaking, Facebook is a public company that exists only to serve its shareholder's interests. The goal of Facebook (as a public company) is to increase stock price. That almost often, if not always, means prioritizing revenue over all else.
That's the dilemma.
Then again, I believe Mark has control of the board, right? (And therefore couldn't be ousted for prioritizing ethical business practices over revenue - I could be wrong about this)
> Strictly speaking, Facebook is a public company that exists only to serve its shareholder's interests.
That's a very US-centric interpretation, which fits because Facebook is a US company.
But it's still reductive to the issue considering how Facebook's reach is also far and wide outside the US.
In that context, it's not really that much of an unsolvable dilemma, it only appears as such when the notion of "shareholder gains above all else" is considered some kind of "holy grail thu shall never challenge".
Strictly speaking, Facebook is a public company that exists only to serve its shareholder's interests. The goal of Facebook (as a public company) is to increase stock price. That almost often, if not always, means prioritizing revenue over all else.
That's the dilemma.
Then again, I believe Mark has control of the board, right? (And therefore couldn't be ousted for prioritizing ethical business practices over revenue - I could be wrong about this)