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Showing posts with label Zuckerberg. Show all posts
Showing posts with label Zuckerberg. Show all posts

Wednesday, February 20, 2013

"The Silicon Valley aristocrats Mark Zuckerberg, Sergey Brin and Yuri Milner have jointly established the most lucrative annual prize in the history of science..."

"... to reward research into curing diseases and extending human life. The newly created Breakthrough Prize in Life Sciences Foundation on Wednesday announces the first 11 winners of an award intended to inject excitement into the sometimes lonely, underfunded quests to understand and combat cancer, diabetes, Parkinson's disease and other maladies. Zuckerberg, who founded Facebook; Brin, who co-founded Google; and Milner, a venture capitalist, have dipped into their fortunes to sponsor awards worth $3m each, compared with a Nobel prize's monetary value of $1.1m."
"I had to sit down on the floor for a while. I thought it must be a practical joke or a Nigerian scam," said Cornelia Bargmann, 51, who has pioneered work on neural circuits and behaviour at the Rockefeller University. "The scale of this is so outsized I think it will have a huge impact on the life sciences." Asked how she would spend the money she hesitated. "It's so far outside my normal planning I don't know. Get the car fixed?"...
Titia de Lange, 57, who researches cell biology, genetics and cancer at Rockefeller university, said the award felt surreal. "I'm not used to having a lot of money. I don't really have possessions." Two women from a list of 11 fairly reflected the percentage of women working at that level, she said. "One would like it to be higher of course."
Young women! Enter the sciences. Silicon Valley aristocrats are dying to give you $3 million. The gender balance must be achieved. No sooner is this wonderful, generous prize announced than the criticism rolls in, gently at first, but you know there is a problem. The aristocrats want the honor of handing out honor and they must comply with the ethical structure of the Silicon Valley culture where they reign. There must be women recipients. 11 prizes? 6 should go to women!

So, ladies, get on it. There's big money here! And yet, women are apparently not so motivated by money. Oh, I don't know, get the car fixed. Gotta sit down on the floor. I don't really have possessions....

So funny. It's men who are offering big money as an incentive. But what if monetary incentives are a male thing, working mostly on men? And yet you have to include the women, equally, because even if women don't care so much about actually getting the money, they care immensely about equality and fairness. And everyone's watching. The symbolism counts, not just the effect of motivating improvements in life for the rest of us. What do you want more — cures for diseases or the appearance of gender equity?

Wednesday, October 3, 2012

"I have one drawer," says Facebook billionaire Zuckerberg. "Like men everywhere. Like men everywhere."

"I mean, I wear the same thing every day, right?" The closet is used by his wife, and he just has like 20 gray T-shirts. And that's not 50 shades of grey. Just 20. All the same shade.

It's a miracle the fashion industry stays alive. If we — or I mean, you men — didn't have to get dressed up for work, what would you spend a year?

Thursday, March 1, 2012

"The Tech Industry’s Asperger Problem: Affliction Or Insult?"

Question asked in a blog post that ends with a bigger insult: "As always in business, some of this behavior inevitably boils down to greed and immorality."

Saturday, February 4, 2012

"A burbled value of $100 billion would price [Facebook] at an earnings multiple of 100 to one."

"Fast-growing Apple is currently valued at 13 to one. Google is valued at 20 to one. Facebook isn't LinkedIn or eToys or even Google."
Like a bank, it must care about its dignity and an image for stability because of its intimate relationship of trust with its 845 million members, who know their unparalleled cache of personal information is about to turn Facebook founder Mark Zuckerberg into a billionaire 24 times over.

So far, Mr. Zuckerberg and colleagues have been more cautious in exploiting customer data than they get credit for. But let us be frank: There is no way the company can grow into such a gargantuan market value by adding even hundreds of millions of new members if it continues to extract only $1 in profit per year per user.
ADDED: In evaluating the worth of Facebook, can we take their judgment in interior design into account?



That is Facebook's own photo, so they are not ashamed to go out into the world looking like that. Disturbing! Those paper lanterns projecting out into the doorway or stuck back behind a trashcan and a rolling chair. The diagonal stripes on the carpet and continuing — miniaturized and de-diagonalized — on one wall. The horrid clock as the only thing hanging on the wall. I couldn't work in an environment like that, and yet the 2 individuals sitting on that crappy brown sectional couch are both billionaires. And they are billionaires in the business of creating something that will occupy the visual field of hundreds of millions of human beings. Something is terribly wrong!