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4 of 4 in Instagram teens

2008 / 2020

We can likely always just buy

paper trail

Public

Mark Zuckerberg / Facebook · 2010s

Press and later antitrust testimony

Public Facebook described a fiercely competitive market in which users could leave at any time and rivals were a click away.

The public market is exit. The private market is acquisition. Instagram later became the worked example.

The tell · If the founder writes “buy rather than compete,” believe the email, not the concentration speech.

How this became public: House Judiciary Committee antitrust document dump, 2020.

Keyboard: J / K or ← / → to move. S for sources. Esc leaves the pair.

Where this came fromSources (S)

Pipe: Congress. House Judiciary Committee antitrust document dump, 2020.

Public claim

Mark Zuckerberg / Facebook, public competition story

2010s · Press and later antitrust testimony

Article

Private artifact

Mark Zuckerberg, CEO, internal email

2008 · House Judiciary 2020 production

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