Hacker News new | past | comments | ask | show | jobs | submit login

What makes you think Zuck likes money? I think he likes building a business, and I think his ideas about the future of social networking may involve a lot less privacy than you (or I) would like, but really the only significant thing he's done with his money so far is to give a lot of it away.



If by "building a business" you mean stealing an idea, tricking people who hired him to work for them and betraying many of the people who made it possible for him to get started, then yes he seems to like that.


What's the point of trying to own all that information if not for money?


Right - that's the business' money. It's fun for Zuck to run the business. He doesn't need or worry about cash at this point.


What's the point of owning money?


That, sir, I do not know.


Late reply, but from my perspective, money is a wealth object. (so are information, knowledge, personal network, name value, skills, and etceterum). wealth is about ability to change the world around you. Money's certianly easier to transfer around, as it is a medium of exchange, but information is the wealth of facebook. The money's just what it can easiest get in exchange. (it could ask for lumber, or any other commodity or service....)

That's a core point I try to raise in a lot of these discussions; that money isn't anything but something to exchange for -other- things.

The point of owning money is to exchange it for something...and outside of an equity market discussion, one shouldn't really look to have more than they need in the slimmest instance...but that becomes difficult.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: