Facebook Becoming Evil?

The stakes have become very high for facebook at a $15 billion valuation. Someone is going to get hurt.

They are walking a very fine line trying to successfully monetize in the face of a Microsoft investment and bankers up the wazoo.

Doc Searls does a good job outlining the recent issues of privacy and data ownership that Facebook has gooten bloggers up in arms about.

Dave Winer does a bunch as well .

I still wish Coke or Amex would have bought it and given the damn thing to us with one superbowl ad a week so that we could see where a social network could go without the advertising fuss. But, we can count on this ‘who owns my data issue ‘ to be resolved much quicker now that Facebook has to monetize. Tempers will continue to flare and something is going to give.