Facebook: Game Changers
http://www.bloomberg.com/video/63583008/
So when the time comes for Mark to IPO, will you buy and hold for the long-term?
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Another Facebook IPO/stock post.
Facebook creates absolutely no value. Most of these social media sites/projects are bubbles slowly being inflated. When people finally realize that they have no use for this, they will become obsolete.
Facebook wont stick around. Look at myspace and bebo. It's just a matter of time until the next big thing comes along.
I think you two are both moronic.
If by moronic, you absolutely genius, then I gladly accept your compliment.
If you think Facebook has any value whatsoever, then you must have invested in pets.com, webvan.com, worldcom, and you must be currently invested in for-profit education stocks...
This made me laugh. Believe it or not, all three of them were clients of mine at one point or another.
I'll stand by my statement.
Actually you may be somewhat intelligent, just zero foresight and no vision. Your ability to equate pets.com and webvan.com with Facebook shows how little you are able to connect the dots on a macro level and understand the direction that the world is heading. You're probably so brainwashed that numbers speak only the truth and are forbidden to lie that in reality you have very little understanding of what true value really is, despite that you can recall by memory page 163 of McKinsey's Volume IV's edition.
Facebook will be everywhere and I'll be laughing my a$$ off as you still plug away 80 hour work weeks building pitch books and working on trading comps...
But at the end of the day, you'll still be able to say you "Work in Finance" as you continue to take it in the rear by Mr. P-R-E-S-T-I-G-E.
k7691
You may be right for the moment but I believe the others are talking about the future, As Facebook can only go so far.It will be soon that facebook will have to connect with other organizations in order to succeed.I will agree facebook is a power house today but don't forget about the other players laying in the weeds ready to shine. not to mention each time facebook gets bigger it becomes a target for buy out. Mark is not going to run this company forever. So I have to agree that face book IPO will blow up but will be acquired and out shined by another competitor. You have to wonder why the big guys a sitting back and letting facebook dominate?? I am pretty sure that Google,apple,Microsoft ,and many others have plans for facebook. They are not going to lay down.
This is not to say that mark is not a genius. because the guy is but he has to have plans for all of that data that he has stored already. Remember it is not about the one hit wonders. It will be a challenge for mark himself to out do facebook. (now some call me crazy because he has made it already but you are not king in this game unless you can keep producing.)
In my opinion, it's to early to draw conclusions that facebook won't stick around, especially because it seems to pose a threat to search engines. I'm not sure what your time frames are though.
I think Facebook will probably continue to take social media market share from YHOO and GOOG, but likely won't tap into their search too much, at least in the nearer term.
It could be argued that fb will win search market share though, in that the site and "friends" apparently deliver everything the user wants directly to the user, while with typical search like GOOG/YHOO, the user must perform the search his or herself. I don't really buy this yet.
I think more mobile users coming to market around the world will be a huge boon to fb. So, should be interesting to see how the situation evolves.
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