{"id":1059,"date":"2012-02-03T12:38:43","date_gmt":"2012-02-03T17:38:43","guid":{"rendered":"http:\/\/nimlas.org\/blog\/?p=1059"},"modified":"2014-07-02T10:31:48","modified_gmt":"2014-07-02T14:31:48","slug":"facebook-goes-public-and-will-sell-your-soul-to-the-devil","status":"publish","type":"post","link":"http:\/\/nimlas.org\/blog\/media\/new-media\/facebook-goes-public-and-will-sell-your-soul-to-the-devil\/","title":{"rendered":"Facebook goes public and will sell your soul to the devil!"},"content":{"rendered":"<div style=\"width: 380px\" class=\"wp-caption alignleft\"><p class=\"wp-caption-text\">borrowed this from CBS, watch their videos<\/p><\/div>\n<p>I&#8217;ve seen a few people get upset over this &#8220;NEW&#8221; information on how facebook makes money and what going public will mean for you, the facebook user.<\/p>\n<p>Of course there is a defaming article on <a href=\"http:\/\/finance.yahoo.com\/blogs\/breakout\/3-ways-facebook-ipo-exploit-users-172215377.html \" target=\"_blank\">Yahoo<\/a> that I&#8217;m being pointed to <a href=\"http:\/\/finance.yahoo.com\/blogs\/breakout\/3-ways-facebook-ipo-exploit-users-172215377.html \" target=\"_blank\">here<\/a>. \u00a0\u00a0I&#8217;ll let you read the article, then come back here and see my replies.<\/p>\n<p><strong>1. Facebook is going to &#8220;sell&#8221; users for $120 each<\/strong><br \/>\nThis isn&#8217;t any different than what&#8217;s happening now. \u00a0They already sell your information for ads, google does the same. \u00a0Are you using gmail to read this? \u00a0look to the side and tell me what ads you see? \u00a0Those are personalized ads, same things you see if you just do a google search (unless you have turned off private browsing) and while on facebook those ads are supposed to be tuned to your needs, this is why I see local ads. It&#8217;s not new, it&#8217;s just that FB will make more money from it. \u00a0OK. \u00a0I was fine with it before, why would I not be fine with it now that they might make more?<\/p>\n<div><\/div>\n<div><strong>2. Facebook users are about to become billboards<\/strong><br \/>\nSo basically if you &#8220;like&#8221; something it is going to be advertised to your friends to get them to like it too. \u00a0Again, that&#8217;s already happening, it&#8217;s nothing new. \u00a0I see everything my friends like, I see ads to like things my friends have liked already, not new, not unscrupulous, this is what social media is. \u00a0The idea behind FB is what your friends are doing is interesting to you, it&#8217;s a peep pressure kind of thing, my friend is playing farmville? \u00a0well I better play it too, oh look now it&#8217;s Castlewars, ooo look my brother likes George Takai, I better like that too. \u00a0This is how FB works, how it has become the site you check every day.<\/div>\n<div><\/div>\n<div><strong>3. The IPO is as much a Public Relations coup as a Share offering<\/strong><br \/>\nso FB is going public but Zuckerberg\u00a0is keeping full control, he could bequeath it to his dog&#8230; he could do that now, again, nothing is changing.<\/div>\n<div><\/div>\n<div>I think the big thing here is that nothing is changing but prices will go up and FB will make more money, isn&#8217;t that the american dream, to make money off of nothing. \u00a0I can&#8217;t wait to see what Mark does with his millions now. \u00a0Please give more of my schools grants. \u00a0(While I may think I wouldn&#8217;t like Mark as a person, I like when he donates his money, much like I love it when Bill Gates donates his money, and these are grants I see and work with all the time.<\/div>\n<div><\/div>\n<div>Now when I look up information on facebook going public there are other points of view, CBS seems to like this move.\u00a0(videos) \u00a0It is amusing, the ads for these videos are for Google, Facebook&#8217;s competition.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;ve seen a few people get upset over this &#8220;NEW&#8221; information on how facebook makes money and what going public will mean for you, the facebook user. Of course there is a defaming article on Yahoo that I&#8217;m being pointed &hellip; <a href=\"http:\/\/nimlas.org\/blog\/media\/new-media\/facebook-goes-public-and-will-sell-your-soul-to-the-devil\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[320,17,363,364],"tags":[365,16,371,370,374,367,375,368,369,373,372,366],"class_list":["post-1059","post","type-post","status-publish","format-standard","hentry","category-current-evrents","category-new-media","category-news","category-social-media","tag-cbs","tag-facebook","tag-going-public","tag-ipo","tag-mark-zuckerberg","tag-online-social-networking","tag-overreaction","tag-social-information-processing","tag-social-media-2","tag-stock-market","tag-stocks","tag-yahoo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Facebook goes public and will sell your soul to the devil!<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/nimlas.org\/blog\/media\/new-media\/facebook-goes-public-and-will-sell-your-soul-to-the-devil\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Facebook goes public and will sell your soul to the devil!\" \/>\n<meta property=\"og:description\" content=\"I&#8217;ve seen a few people get upset over this &#8220;NEW&#8221; information on how facebook makes money and what going public will mean for you, the facebook user. 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Hosts Marc Cabot (@MarcCabot) Nuchtchas (@Nuchtchas, nimlas.org) The Clockwork Doctor (@The_Clock_Doc) Adam Williams(@Dr4Physics) Music Emm Gryner: Excess Baggage Home Page:\u00a0http:\/\/www.emmgryner.com\/ Twitter:\u00a0http:\/\/www.twitter.com\/emmgryner\/ In Dreams: 8-Bit Man Bandcamp:\u00a0indreamsband.bandcamp.com Facebook:\u00a0facebook.com\/indreamsband\u2026","rel":"","context":"In &quot;Nutty Bites&quot;","block_context":{"text":"Nutty Bites","link":"http:\/\/nimlas.org\/blog\/category\/nuttybites\/"},"img":{"alt_text":"StarWarsPhysics","src":"https:\/\/i0.wp.com\/chsrfm.ca\/blog\/wp-content\/uploads\/StarWarsPhysics-300x300.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2058,"url":"http:\/\/nimlas.org\/blog\/nuttybites\/dragoncant-cover-art-panel\/","url_meta":{"origin":1059,"position":1},"title":"Dragon*Cant: Cover Art Panel &#8211; How to visually represent your audio project","author":"Nuchtchas","date":"September 7, 2012","format":false,"excerpt":"September 2nd, 2012 I held a panel (Google Hangout) in conjunction with Dragon*Cant, How to visually represent your audio project. \u00a0Below is the full video with the tutorial and discussion, in addition to the dos and don'ts you will be able to see a demonstration of Photoshop and GIMP, two\u2026","rel":"","context":"In &quot;cons&quot;","block_context":{"text":"cons","link":"http:\/\/nimlas.org\/blog\/category\/irl\/cons\/"},"img":{"alt_text":"Nutty Bites and The Weird Show cover art shows how to get your brand and your show idea across to all platforms","src":"https:\/\/i0.wp.com\/nimlas.org\/blog\/wp-content\/uploads\/SampleCoverArt.png?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/nimlas.org\/blog\/wp-content\/uploads\/SampleCoverArt.png?resize=350%2C200 1x, https:\/\/i0.wp.com\/nimlas.org\/blog\/wp-content\/uploads\/SampleCoverArt.png?resize=525%2C300 1.5x"},"classes":[]},{"id":2743,"url":"http:\/\/nimlas.org\/blog\/general\/top-commenters-for-2012\/","url_meta":{"origin":1059,"position":2},"title":"Top Commenters for 2012","author":"Nuchtchas","date":"January 7, 2013","format":false,"excerpt":"All of the commenters to this blog are awesome, but since I get more comments on twitter, facebook, and google plus, I wanted to say a special thank you to Sean, JRD, Robin, Tek, and Janey. \u00a0You all are awesome, thanks for the support. \u00a0I do wonder about these stats,\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"http:\/\/nimlas.org\/blog\/category\/general\/"},"img":{"alt_text":"Comments are awesome","src":"https:\/\/i0.wp.com\/nimlas.org\/blog\/wp-content\/uploads\/Screen-shot-2012-12-30-at-11.03.58-PM.png?fit=702%2C551&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/nimlas.org\/blog\/wp-content\/uploads\/Screen-shot-2012-12-30-at-11.03.58-PM.png?fit=702%2C551&resize=350%2C200 1x, https:\/\/i0.wp.com\/nimlas.org\/blog\/wp-content\/uploads\/Screen-shot-2012-12-30-at-11.03.58-PM.png?fit=702%2C551&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/nimlas.org\/blog\/wp-content\/uploads\/Screen-shot-2012-12-30-at-11.03.58-PM.png?fit=702%2C551&resize=700%2C400 2x"},"classes":[]},{"id":23,"url":"http:\/\/nimlas.org\/blog\/media\/new-media\/facebook-friends-vs-reality\/","url_meta":{"origin":1059,"position":3},"title":"Facebook friends vs Reality","author":"Nuchtchas","date":"February 21, 2009","format":false,"excerpt":"While driving home today there was a segment on CBC that talked about the fad of adding friends to your facebook. The man sharing his story admitted to having around 700 friends, he tried to throw a part inviting all of those friends to a local bar and was shocked\u2026","rel":"","context":"In &quot;new media&quot;","block_context":{"text":"new media","link":"http:\/\/nimlas.org\/blog\/category\/media\/new-media\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3491,"url":"http:\/\/nimlas.org\/blog\/nuttybites\/nutty-bites-62-fresh-nuts-facebook-feedback-patreon\/","url_meta":{"origin":1059,"position":4},"title":"Nutty Bites 62 &#8211; Fresh Nuts: Facebook, Feedback, &#038; Patreon","author":"Nuchtchas","date":"September 14, 2014","format":false,"excerpt":"The first Fresh Nuts episode wherein I discuss Facebook and my not liking things experiment and how it has worked out for me (spoiler alert, I'm going to keep doing it. \u00a0I also discuss feedback including a voicemail and itunes reviews (thanks to reviewcast.io) from the last two years. 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