‘Facebook’s just got pictures of you, and maybe they’ve analyzed that you like cats. Who cares?’
That’s venture capitalist Tim Draper defending Mark Zuckerberg in a CNBC interview as the Facebook
FB, +1.25%
boss came under fire this week on Capitol Hill.
“This guy is a hero, let’s face it,” he said. “It’s awesome what he’s done.”
Draper, a backer of Elon Musk’s SpaceX and Tesla
TSLA, -0.89%
as well as a fan of bitcoin
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explained that those fretting about privacy should have bigger concerns than what Facebook does with their information.
“If you have your credit card up on Amazon
AMZN, -0.47%
you should be a little bit circumspect about this attack going on on Facebook,” he continued in the CNBC interview. “They’ve got your credit card.”
And it’s not like this should come as a surprise anyway. “All of a sudden we’re worried about privacy,” Draper said. “My God, we put all our pictures up there.”
Politicians need to be careful about how they handle this going forward, he urged, or else face a potential brain drain in the United States.
“I got a message for all the guys in Washington,” Draper said. “We want these people. [Amazon’s] Bezos can live anywhere else in the world.”
If the stock performance is any indication, Wall Street gave Zuckerberg high marks for his performance on Tuesday. Facebook shares rose 4.5% to their highest closing price since March 21. With the Dow Jones Industrial Average
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and the S&P 500 index
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in the red on Wednesday, Facebook turned fractionally lower.
Also read: The internet is outraged — at senators.
Source : MTV