Having watched Mark Zuckerberg’s weeklong roll out of the new MAGAfied Facebook/Meta, let me put my chips down on none of this aging well for his company. It’s simply too clumsy and over-the-top and it places too many bets on a lame duck President who will be governing a still sharply divided country. As much as anything else these moves highlight Meta’s tech and global regulatory regulatory vulnerabilities not so much vis a vis the US government or even the European Union as other tech giants. These things take a long time to play out. The US government and the executive branch that Trump will soon control can absolutely do a lot of favors for Zuckerberg and Meta. And Zuckerberg has been pretty transparent about what he hopes those favors are. But overall it just tells a very weak and defensive brand story as you see this playing out over the years to come
I agree, but he misses the other elephant in the room.
Facebook stopped being cool a long time ago. Its become what “FWF:FWD:FWD…” used to be…
Its a cesspool of old people who, ten years ago, would have scolded you that “you cant believe what you read on the internet” but are now sharing lies because they were sent by someone they know, and it reinforced what they saw on Fox.
As an old person on FB, I resent that. I have about 70 friends, who are all actually friends or family, meaning I have actually known them for years versus when my kids had 2,000+ “friends.” My friends and family who are spread across the country, even the globe, share news of weddings, births, anniversaries, deaths, and memories. No politics. We don’t do it to be “cool.” Your ageism is appalling.
Well, he stole his bazillions as CEO of ROIvant Sciences, a complicated holding company structure that bought patents from other (reputable) Pharma companies (think Lilly, etc) and bringing those drugs to market (at least in theory). The problem with this strategy is that the Eli Lilly’s of world are not going to be selling drugs with a clear path to market. (Incidentally, the ROIvant name was cribbed from Return On Investment. It’s revealing that da Vek grabbed onto a bit of finance jargon rather than biochemistry or Pharma jargon.)
One of the subsidiaries of ROIvant purchased interpedine from Glaxo. This was a one-time promising drug for Alzheimer’s treatment, until it failed to hit its marks in not one, not two, but four Phase III trials. Ramaswamy was arrogant enough to think that he could push this drug through the two successful Phase III trials that would be required to bring the drug to market. From the outside, it appears that he ran a pump-and-dump scheme and investors who should have known better fell for it. The basic story isn’t very different from Theranos. An idiot who doesn’t know nearly enough biochemistry says, “Wouldn’t be neat if…” and then tells people who do know enough biochemistry, “Make it so.” Then they sell the idea to other idiots by pointing at the people who do know enough biochemistry and saying, “See all the people I’ve got working on this!”
So, this is a long way of saying, “No. Ramaswarmy is a finance bro con-artist. He’s never held a real job.”
Trump’s political attacks, delivered just when the country should come to California’s aid, are a sinister ploy to draw public attention away from his long-running climate science denial.
You attacked me first - me and my small mind. You also presumed you were the #1 authority on DEI in schools, despite having only a small fraction of my experience across hundreds of school districts.
What, you don’t have the intelligence to understand you are a dismissive, bumptious fool?
That is not what makes him terrible. If it was his only problem he would be a shoo-in for confirmation. We had leaders with that attitude for centuries and the military worked just fine.
What makes him bad choice is that he is nothing but a popinjay that just talks and makes a lot of noise on TV and has never accomplished anything of note. Has no experience with managing a bureaucracy, never been a business leader, has no legislative experience… he just talks and tells his audience what they want to hear.
I’m not like you, pal. You were the first to presume, you were the first to insult, and you, in the end, do not have experience across multiple states and their school districts.
You think your opinion is the truth. It is only a truth. You’re letting it get to you too.
Your tit-for-tat responses are lazy and pedantic both. D for effort.