> Hate Zynga. Hate Groupon. Hate that they made such a big splash as tech IPOs yet will ultimately crash and the harm will spread to tech startups in general as the markets learn to distrust tech IPOs again.
I agree and would add Facebook to this. None of these companies seem to understand the transactional nature of value: of providing enough that people are willing to give it in return. Even going off of nothing but statements from their leadership, there's so much arrogance and condescension that even if they were providing value, I'd be leery of their products.
Steve Jobs was widely regarded as an asshole, among many other characteristics, but he was also widely regarded as an inspirational figure who gave a shit about quality for quality's sake and valued Good Things like beauty and harmony. These guys? Zuckerberg's great value is the death of privacy. Pincus proudly states that his company is evil. Mason... I don't even want to know.
I agree and would add Facebook to this. None of these companies seem to understand the transactional nature of value: of providing enough that people are willing to give it in return. Even going off of nothing but statements from their leadership, there's so much arrogance and condescension that even if they were providing value, I'd be leery of their products.
Steve Jobs was widely regarded as an asshole, among many other characteristics, but he was also widely regarded as an inspirational figure who gave a shit about quality for quality's sake and valued Good Things like beauty and harmony. These guys? Zuckerberg's great value is the death of privacy. Pincus proudly states that his company is evil. Mason... I don't even want to know.