""If this becomes a mechanism to move more and more of the internet toward one single set of rules, that's a real loss," said Daphne Keller, platform regulation director of Stanford's Cyber Policy Center.
Opening the door to other funders and participants could also help combat the idea that the board members are bought and paid for by Facebook. "Facebook wins by having the board be independent and legitimate and respected," Keller said. "If it winds up seeming like it's just doing Facebook's bidding, the whole effort would be a waste of money for them.""