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Dynamics of Business and Social Media

Aug 3, 2024

Lecture Notes: Business and Social Media Dynamics

Introduction

  • Discussion about contracts and ownership stakes in a company (Facebook).
  • Emphasis on the impact of new investors on share dilution.

Share Dilution

  • New investors = 24 million new shares.
  • Key figures mentioned:
    • Mark Zuckerberg: Ownership share diluted.
    • Mr. Moskowitz: Ownership share diluted.
    • Sean Parker: Ownership share diluted.
    • Peter Thiel: Ownership share diluted.
    • Speaker's share: Diluted down to 0.03%.

Conflict Among Founders

  • Accusation of blame for bad business deals.
  • Tension between the speaker and other executives.
  • Speaker feels they are being excluded from the company despite having their name on the Masthead.

Character Dynamics

  • Casual interactions and mockery among characters.
  • Remarks on appearances (suits, hoodies).
  • Speaker's frustration with perceived pretentiousness of others.

Legal Threats

  • Speaker warns about seeking legal representation due to perceived exclusion.
  • Mention of a narrative about animal cruelty, indicating a possible public relations issue.

Party Scene

  • Transition to a party atmosphere.
  • Instructions to hype up for a party, likening it to a significant public event (Macy's Parade).
  • Character dynamics continue with friendly banter.

Technological Transformation

  • Introduction of a new picture-sharing application.
  • Significance of the application in social networking and digital life.
    • Digitalization of real-life experiences.
    • Importance of photography in social interactions.

Social Media Behavior

  • Observations on how people interact on social media:
    • Checking friends’ statuses and updates.
    • Sharing and tagging photos from parties.

Law Enforcement Interaction

  • Police interaction at the party,
    • Inquiry into noise levels and identification checks.
    • Mention of substances (EpiPen, inhaler) leading to tension.
  • Recognition of the potential for negative media coverage.

Conclusion

  • Uncertainty about the involvement of certain characters in the situation.
  • Speaker’s determination to regain control over the narrative.