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A comment on Facebook's Aggressive Moves on Startups Threaten Innovation. Parent comment

Re:Facebook's Aggressive Moves on Startups Threaten Innovation by jgalt212 on Wednesday October 25, 2017 @04:39PM (#15554039)
"Shaq is rich," he said, referring to the Los Angeles Lakers' Shaquille O'Neal, "but the white man who signs his check is wealthy. Oprah is rich, but Bill Gates is wealthy. If Bill Gates suddenly woke up with Oprah's money, he'd slit his throat."
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Re:Facebook's Aggressive Moves on Startups Threaten Innovation by replicatorblog on Wednesday October 25, 2017 @05:28PM (#15554449)
Yep, inequality is not great. The fact that a guy can make $15M in a year by building a social network in the era of FB/Snap/WhatsApp/Instagram is pretty great.
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Re:Facebook's Aggressive Moves on Startups Threaten Innovation by htormey on Wednesday October 25, 2017 @08:48PM (#15555516)
Not trying to take away from your point but I think the company that made TBH were trying to make a hit app since 2013 when they did their seed round:

https://www.crunchbase.com/organization/tbh

It took nearly 4 years of probably not making much before they hit pay dirt with TBH.

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Re:Facebook's Aggressive Moves on Startups Threaten Innovation by replicatorblog on Thursday October 26, 2017 @07:58AM (#15558087)
Totally fair point!
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Re:Facebook's Aggressive Moves on Startups Threaten Innovation by ifhd on Wednesday October 25, 2017 @04:45PM (#15554101)
How much did Oprah have when he said that?
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Re:Facebook's Aggressive Moves on Startups Threaten Innovation by fizwhiz on Wednesday October 25, 2017 @04:57PM (#15554195)
source: http://www.post-gazette.com/opinion/tony-norman/2004/05/21/T...

Authored in 2004, at which point Oprah had $1.1Bn[1]

[1] https://www.forbes.com/maserati/billionaires2004/LIRO0ZT.htm...

Edit: nvm, the article talks about a Chris Rock quote from the previous year (2003) at which point Oprah doesn't show up on the Forbes website.

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Re:Facebook's Aggressive Moves on Startups Threaten Innovation by QAPereo on Wednesday October 25, 2017 @05:26PM (#15554433)
Does it matter? The answer is still, “at least an order of magnitude less than Bill...”
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Re:Facebook's Aggressive Moves on Startups Threaten Innovation by davidcbc on Wednesday October 25, 2017 @07:33PM (#15555208)
An order of magnitude less than Bill Gates is still outrageously wealthy.

Forbes says there are 1940 billionaires in the world today, that puts anyone over $1 billion in the top 0.0001 percent.

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Re:Facebook's Aggressive Moves on Startups Threaten Innovation by ifhd on Wednesday October 25, 2017 @06:35PM (#15554897)
3.1 billion is wealthy.
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