http://blogs.wsj.com/digits/2010/03/04/investors-bet-on-price-of-facebook-ipo/ I dont get it. Facebook is a primitive site that 3 15 years olds in a basement could duplicate. You mean to tell me a company couldn't come in and steal the customers away? Google = 1000 Facebooks.
facebook is popular because they were early and everyone uses it. It is ok but getting annoying with all the spam applications. how reluctant are you to change your email address, or phone number??? That is why they retain users, not because it is so good.
30+ billion for that? Reminds me of the dot com scams. If thats worth 30 billion than Google is worth 5 trillion. Google is real. Facebook is horseshit, and I've used it. We're back to the same old scam of paying for eyeballs. Before and after hearing of Facebook Valuation
Hi. Agree. Facebook simply cannot be valued at more than google. Both companies generate income via advertising. Facebook has notoriously bad click-through rates and has a big disadvantage compared to google in so much that google shows ads to people who are actively seeking out your product or service, whereas facebook shows your ad to people who are not. As such you can expect to pay up to ten times more to place an ad with google than with facebook. Also have to consider that facebook could just be the latest fad. Friends Reunited provided similar service a few years back and that quickly went out of fashion. Just my thoughts.
Mostly agree with you there, except that Friends Reunited and similar social networking sites like mySpace probably went out of fashion because Facebook became so dominant. It's simple internet economics of 'winner takes all' FB needs to find a way to exploit the network information they have. One possible way might be to use their database to locate Malcolm Gladwell's "Connectors, Mavens and Salesmen" described in Chapter 2 of "The Tipping Point" From http://www.wikisummaries.org/The_Tipping_Point Chapter 2: The Law of the Few: Connectors, Mavens, and Salesmen The attainment of the tipping point that transforms a phenomenon into an influential trend usually requires the intervention of a number of influential types of people. In the disease epidemic model Gladwell introduced in Chapter 1, he demonstrated that many outbreaks could be traced back to a small group of infectors. Likewise, on the path toward the tipping point, many trends are ushered into popularity by small groups of individuals that can be classified as Connectors, Mavens, and Salesmen. Connectors are individuals who have ties in many different realms and act as conduits between them, helping to engender connections, relationships, and âcross-fertilizationâ that otherwise might not have ever occurred. Mavens are people who have a strong compulsion to help other consumers by helping them make informed decisions. Salesmen are people whose unusual charisma allows them to be extremely persuasive in inducing othersâ buying decisions and behaviors. Gladwell identifies a number of examples of past trends and events that hinged on the influence and involvement of Connectors, Mavens, and Salesmen at key moments in their development.
"Is Facebook another Google?" YES! Where would Google be without Facebook? Google uses Facebook to profile your facial features. This gets incorporated into their advertising database. Everyone, who puts up their photo on Facebook eventually becomes fodder for their advertising engine when they use Google's other services.
Two simple laws in play. 1. First mover advantage 2. Built a better mouse trap. This is what google understands. The core of google is the same but it takes the lead on everything it can. Facebook will become myspace if it remains stagnant. Just ask jeeves.