Episode 68: [Facebook] Data Is the New [Standard] Oil

For the extremely ambitious, too much is never enough. The battle on the field of commerce is a game to be won at all costs, crushing the competition at every turn.

Occasionally, the business world is met on the battlefield by a general who is a titan of industry. Who knows more about his industry than anyone else, including the loopholes and hidden opportunities that are exploitable.

John D. Rockefeller was just such a man. And a century later, so is Mark Zuckerberg. Is Facebook on a collision course with regulatory and anti-trust authorities?

“Malefactors of great wealth.”

– Theodore Roosevelt

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Links:

• This episode: smonty.co/fullmonty68
• Titan: The Life of John D. Rockefeller, Sr.
• Other commentary and updates at ScottMonty.com

Credits:

Theme song: Afternoon by Maestross is on a royalty-free license from Jamendo.com.

Image credit: Man at the Crossroads by Diego Rivera (via Gumr51 CC BY-SA 3.0, Wikimedia Commons)

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