One of Facebook’s Earliest Investors Says People Have Lost Trust in CompanyBy and
The tech giant is guilty of inaction on user safety, he says
LinkedIn co-founder wants Facebook to be ‘extra transparent’
Facebook Inc. has lost people’s trust “for good reasons” and isn’t responding well to whistle-blower claims that the social-media giant prioritizes profit over user safety, according to one of its earliest investors, Reid Hoffman.
“I’m disappointed,” Hoffman said Wednesday in an interview with Emily Chang on Bloomberg Television. Facebook should have been more proactive in response to troubling signs revealed in its own research, he said.