You know how Facebook does those year-in-review videos and drops them into people's news feeds?
The Guardian in London put a parody version together for Facebook itself for 2018.
It has some nice touches: "You made a new friend!" the video proclaims, before showing a picture of Cambridge Analytica whistleblower Christopher Wylie.
Then, it proclaims that April 10 "was a big day for you!" before showing a photo of Mark Zuckerberg, nervously sipping water during his Congressional testimony this year.
The only problem with this kind of satire of course, comes when truth becomes stranger than fiction, and facts outpace our capacity for parody.
Even as this video was being posted to YouTube, Facebook was enduring yet another round of horrid headlines, including allegations that it let other large tech companies have access to more user data than it let on, and news that the attorney general of Washington, DC was suing the company over the Cambridge Analytica scandal.
It all takes a toll. The company's stock dropped more than 7 percent in a day, and it lost a staggering $28 billion in market capitalization. To put that in perspective, it's like losing the entire value of its rival, Twitter, in 24 hours.
In other words, it was one of the worst days, in a pretty bad year. Oh well, Facebook, 2019 is just around the corner.
Inc. This Morning is a daily email digest of the news curated for anyone interested in entrepreneurship. Want this email in your inbox every day? Sign up here. Here's what else I'm reading today:
- Here's what else I'm reading today:Under 30 and amazing? Or do you know someone who is? Apply for Inc.'s 30 Under 30. (30 Under 30)
- Juul is probably now worth more than Airbnb (Dana Mattioli, Jennifer Maloney and Dana Cimilluca, The Wall Street Journal)
- See, I told you employee ghosting was a thing--even job applicants this time (Chip Cutter, The Wall Street Journal)
- Kinda Boring: Elon Musk unveiled a Tesla in a tunnel and called it progress (Alice Truong, Quartz)
- They said 2018 would be the year of the tech IPO. Maybe they meant 2019 (this list has 286 probably candidates). (Guadalupe Gonzalez, Inc.)
- Just to prove my point, now Pinterest is prepping to go public. (Maureen Farrell, The Wall Street Journal)
- Much shorter movie: "Hey Google, just call my parents in France and let them know I'm okay." (Laurie Marie Meyers, PopSugar)