Reddit Co-Founder Won’t Invest in Facebook Because of Stance on #CISPA
In an interview with CNN, Reddit founder Alexis Ohanian said he would refuse to buy Facebook stock because of how he views their stance on privacy. “I’m not planning on it…I understand the business value to what Facebook is doing. We’ve never seen a company like this before–ever. And it knows things about our private lives that no one else does. And one of the big issues that a lot of us in the tech community have had of late has been their support for bills like CISPA that make it really easy for companies like Facebook to hand over private data about us without any due process. So that’s why I’ll be holding off."