Yes, you are damn right I'm calling out some of you as hypocrites, because as some of you around here build and scale your products and begin to build out social components of your businesses, you will absolutely walk right up to the line of regulation when it comes to your user's privacy over making your investors happy.
I run my businesses with this in mind, my user's privacy is at the utmost importance to me, and the way I approach managing my business is to gain the good will of my customers first and provide a quality product. And my business is wildly successful.
But I'm under no illusions to the reality of the situation, and I've been around HN long enough to know that the hypocrisy here can be deafening sometimes with regards to social media. The downvotes on my post prove it.
Edit: just to bolster my point, the vast majority of ANY app developer around here on HN will have been to integrate every ad supported SDK in their apps, which literally invades the privacy of those users probably worse than Facebook does, all for a little bump in revenue.
And that leads to a worse user experience in many areas. You use it for free but it sucks and you sacrifice your data. I'd honestly rather pay $2-4/month for a social media that doesn't suck and doesn't harvest my data.
I completely removed advertising from one platform, and for my paying customers, I have made the conscious decision to not automatically charge and bill my customers for their subscriptions unless they explicitly opt-in for reoccurring charges. Those two "good will" components have generated enormous good will with my customer base at the expense of significant revenue.
The flip side of that is that unfortunately good will doesn't really have much business value if you are completely revenue and profit driven in a competitive marketplace. And if I'm wrong, and good will eventually does win out over something like Facebook's privacy practices, and the free markets determine the winner, then never forget that the markets can stay irrational longer then you can stay solvent.