Why the Co-Founder of Reddit Won't Buy Facebook Stock [Video]
Reddit co-founder Alexis Ohanian appeared on CNN on Wednesday to explain why he would not be buying any Facebook stock in the upcoming IPO. Specifically, he is critical of their support of bills like CISPA which are not in the best interest of users. Alexis posted the interview on his own blog and I take a look at his comments below.
He explains how he does see the business value of something like Facebook, but he doesn’t agree with their support of CISPA, which allows a company like Facebook to share personal data without any user protection.
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