‘Mark Is an Authoritarian’: A Facebook Investor Sounds the Alarm About the Company He Helped Build

Talking with venture capitalist and newfound Silicon Valley doomsayer Roger McNamee

New York Magazine
New York Magazine

--

Mark Zuckerberg, chief executive officer and founder of Facebook Inc. attends the Viva Tech start-up and technology gathering at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France. Photo: Christophe Morin/IP3/Getty Images

By Benjamin Hart

Like many people, Roger McNamee has recently come to believe that Facebook is, in his words, “terrible for America.” Unlike many people, he played an integral role in helping the 15-year-old juggernaut wield so much power in the first place. A longtime venture capitalist, McNamee made a key early investment in the company, and served as a mentor to a young Mark Zuckerberg, who was then agonizing about whether to sell his creation or keep running it himself. McNamee also fatefully helped persuade Sheryl Sandberg to meet with Zuckerberg; she became Facebook’s COO in 2008.

But since 2016, McNamee — who had by then ceased involvement with Facebook — has grown into a full-time skeptic of the company he once championed, joining a chorus of onetime tech evangelists who have reevaluated tech’s role in society. His new book Zucked is a cri de coeur against a corporation and a chief executive who he thinks have badly lost their way. Intelligencer spoke with him about the dangers of Facebook’s unchecked power, whether he thinks the company is salvageable, and why Mark Zuckerberg just…

--

--

New York Magazine
New York Magazine

Defining the news, culture, fashion, food, and personalities that drive New York.