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The topic of socialmedia came up and one dial-in caller lamented the fact that all Silicon Valley was producing was silly socialmedia companies. But as I pointed out on the show, look deeper at the impact of socialmedia as a tool to organize crowds, hold public debates and spread information in a decentralized way.
Some will cite my investment two years ago in social-media advertising company Ad.ly Or just the sheer power of people being able to self organize as they have done in Egypt, Iran or Tunisia. as an example of why I shouldn’t be investing in the Twitter ecosystem any longer.
As that narrative spread on the Internet with harrowing images coming from the site, thousands of protestors mobilized from Tunisia to Jordan, with Arab leaders canceling a summit with President Biden within hours. Those people then have tools at their disposal which they leverage through socialmedia to spread those messages.
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