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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.
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Full transcript