|reply to Kearnstd |
Re: Facebook, Bad or Planned timing?
said by Kearnstd:You know they waited till there was money to be made, and not surprisingly, they just made 16 billion(freaking outrageous if you ask me, who here is waiting for another yahoo like bust?), and the lawsuit is supposedly for up to 15 billion. It was timed, no doubt, to coincide with the IPO. And anyone who believes a company that sells ad space, and customer data is worth over 100 billion is nuts, because all it takes is a newer, more popular site, and all that billions becomes junk in 10 seconds flat. Look at yahoo. Their IPO was somthing like 1 billion, and they were valued at something like 30 billion. Now, yahoo is garbage, and all it took was a more productive, cheaper site(google).
Is it just a bad collision of timing with this lawsuit or was it planned to hit knowing now Facebook has a mountain of cash?
So, the question stands: who will be the google to facebook? Whos going to kill this trend and cause all valuation in web sites and ad space to crash? I know I do my part and run Ad block plus, because I didnt want to see an internet full of ads ever, and they are now just getting to be as bad as the popup wars of the early 2000s and late 1990s. Its only a matter of time before browsers start blocking most ads because of malicious activity and user demand(from annoyance).
|reply to Chubbysumo |
It's nothing more than Fanboy financing. I would bet that 90%+ of the people who are investing are Farcebook regulars. It's a good short term buy but I sure wouldn't bet my retirement on Farcebook.
I do not, have not, and will not work for AT&T/Comcast/Verizon/Charter or similar sized company.