How to Break the Internet
That Was The Week, #43
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Editorial: My Take
The Internet is a fantastic thing. All we have to do is remember how things were before to grasp how awesome it is. Finding a book, shopping, buying a ticket, sending a message, and many other things were challenging and time-consuming. I remember waiting for my wife at a London tube station on an early date. She was almost an hour late. No text, no email, no mobile phone. I just had to wait and hope. She did come :-)
In 1995, as a founder and CTO at EasyNet - the first consumer ISP in Europe - I remember the police visiting and asking if we could monitor what was published on the newsgroups and who by. We refused to do so. The point of view was that the Internet was like the real world and that snooping was wrong. The right to free speech should be assumed and law breaking, as in the real world, should be punished by the law. Surveillance by Internet companies should not be part of it, especially secret surveillance.
Later that year and the next, the USA passed section 230 of the Communications Act. It explicitly excused internet companies from being responsible for what their users published via their services. Even if an internet company chose to delete or modify something, it did not, by doing so, become responsible for all content.
Since 1996 Section 230 has enabled internet services to offer consumer platforms and open up publishing to everybody. The services all have terms and conditions, and they try to enforce them. But they are not subject to the law for everything you or I publish.
This week I highlight contributions from a wide range of points of view. Some call for the modification of Section 230. Others want it to remain untouched. Some want it ended altogether.
My take is to leave it untouched. Allow the platforms to implement their policies. A publisher, even an individual, should be responsible for what they publish, not the platform they choose to publish on.
If that small win is modified, the Internet will become surveillance central, and Internet norms will be seriously violated.
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This week's video is here:
--News Of The Week 1: Regulation and the Internet
- SEC Changes Crowdfunding Regulation, Crunchbase News, @SophiaKunthara
- Market definitions and tech monopolies - Benedict Evans, @benedictevans
- Now and Always, Platforms Should Learn From Their Global User Base, @EFF, @jilliancyork
- Congress Fails to Ask Tech CEOs the Hard Questions, @EFF, @elliotharmon, @joemullin
- Facebook and Twitter Are Rethinking Their Share Buttons - Big Technology, @Kantrowitz
- Section 230: Mend It, Don’t End It - David Sacks @davidsacks
- The Coming Fight for Control of the Internet - Albert Wenger, @albertwenger
- Your Problem Is Not With Section 230, But The 1st Amendment - TechDirt, @mmasnick, @jess_miers
--News Of The Week 2: IPOs, SPACS etc
- In Defense of the IPO and How to Improve It, Part 2: Peeking Behind the Pop — Andreessen Horowitz, @skupor, @arampell
- Want To Take Your Startup Public? What It Actually Costs To IPO, Crunchbase News, @SophiaKunthara
- Unicorns Get More Magical: 2020 Cohort Shows Huge Increase In Valuation On IPO Day - Crunchbase News - Gené Teare, @geneteare
- Barry Eggers on the 2020 Election, SPACS & More, @HarryStebbings @TwentyMinuteVC
--The Best of the Rest
- Will new SEC equity crowdfunding rules encourage more founders to pass the hat?, TechCrunch, @lucasmtny
- Portland, Maine votes in favor of facial recognition ban. Engadget, @mariella_moon
- Hustle Fund, a pre-seed firm, closes $30M for a new fund, TechCrunch, @nmasc_
- Which Countries Have the Most Internet Users? The Visual Capitalist
- British Patient Capital reaches £1bn of venture capital funding, — AltFi, @AltFiNews @BPatientCap
- WTF is share of wallet and HTF do you measure it? Point Nine Capital, @JuliaMorrongiel
- Building the Next Normal: 5 Key Insights for CMOs Delivering Virtual Events from Someone Who Knows… - Sapphire Ventures, @Sapphire, @RSBrown7
- You’ll Need At Least Two of These Four Qualifications to Get Hired By a Venture Firm - Hunter Walk, @hunterwalk
- How LPs should really think about GP commits in Emerging Managers - Samir Kaji, @Samirkaji
- Facebook, Twitter and VC firms consider life outside Silicon Valley as they shift to remote work - CNBC
Startup Of The Week:
- Fast, a Startup Backed by Stripe, Discusses Billion-Dollar Valuation — The Information, @KateClarkTweets