"At COMPANY _______ we value your privacy a great deal. Almost as much as we value the ability to take the data you give us and slice, dice, julienne, mash, puree and serve it to our business partners, which may include third-party advertising networks, data brokers, networks of affiliate sites, parent companies, subsidiaries, and other entities, none of which we’ll bother to list here because they can change from week to week and, besides, we know you’re not really paying attention.
We’ll also share all of this information with the government. We’re just suckers for guys with crew cuts carrying subpoenas.
Remember, when you visit our Web site, our Web site is also visiting you. And we’ve brought a dozen or more friends with us, depending on how many ad networks and third-party data services we use. We’re not going to tell which ones, though you could probably figure this out by carefully watching the different URLs that flash across the bottom of your browser as each page loads or when you mouse over various bits. It’s not like you’ve got better things to do.
So just to recap: Your information is extremely valuable to us. Our business model would totally collapse without it. No IPO, no stock options; all those 80-hour weeks and bupkis to show for it. So we’ll do our very best to use it in as many potentially profitable ways as we can conjure, over and over, while attempting to convince you there’s nothing to worry about.
Read the rest along with commentary on Dan's blog. He notes that it’s 5,085 words shorter than Facebook’s policy, just for comparison.