Startups: Why Facebook Platform is a Wolf in Sheep’s Clothing

Once the venture capitalists start crying over spilled Facebook milk, it is time to take a peek into the Facebook crystal ball. NO, not the multi-billion dollar Mark Zuckerberg IPO riches success story the world believes is a foregone conclusion, the Facebook vaunted “social graph” command and control platform cold shower that may very well be in the twenty-something’s cards.
FYI, Facebook groupies, the Facebook-centric Developers Terms of Service are there for good Zuckerberg reasons.
Facebook Application terms are indeed “worrisome,” a venture capitalist “source” has confirmed to me, for any business that follows the Web’s court jester–aka Esther Dyson–advice to forget proprietary, destination Web services and build your new Web business at Facebook!
Hey, just as you would seek out second opinions prior to any contemplated major medical procedure, READ THE FACEBOOK FINE PRINT before you pledge allegiance to Mark Zuckerberg.
To whet your prudent business development appetite, here are some not so tasty Zuckerberg disclaimer tidbits:
NOt CONVINCED FACEBOOK IS RISKY BUSINESS?
Mr. Z himself has set his sights on overtaking Google, the very Google that the blogosphere has famoulsy believed to be old media’s best digital friend but is now proudy directly competing with every single Web-based media and publishing property for direct news consumption traffic at their world leading number one search engine.
Mark has learned a few Web domination things from Sergey and Larry: How to be the Web’s Wolf in sheeps’ clothing is undoubtedly one of his multi-billion dollar lessons.