New York (CNN Business)Facebook is bad for democracy and its executives have put profits over their civic responsibilities, an early investor in the company charges in a new book.
Tech investor Roger McNamee makes these claims in “Zucked: Waking up to the Facebook catastrophe,” due out on Tuesday.
McNamee has said he served as a mentor to CEO Mark Zuckerberg in Facebook’s early years and discouraged the young entrepreneur from selling the business for $1 billion to a bigger tech company. Facebook is currently worth about $500 billion.