Agree. They already have a stenglehold of the market. Nothing can unseat facebook. It is easily worth 30 billion or more like FOX or CNN. 15 billion is too cheap.
I know it has great potential with about 50 million registered users, but right now, Does facebook even make any money?
yes, facebook is big right now. but all those members could easily bolt to the next "greatest" thing. anyone remember myspace? as facebook tries to monetize its traffic with ads they risk irritating their fickle user base.....college students. although msft had great earnings, the joke is on mr. sofite as far as the facebook deal goes. for 240M they get 1.6% of equity, barely enough for them to receive a qtrly report in paper and not enough for a board seat.
I agree. It's all about intergration, where MSFT had the edge up until now. Did see that RIMM is launching a facebook application for Blackberry ? How's that for intergration. Forget about using MSN Messenger on a cell phone, that old school now. Facebook instant messenger will trump them all. Google could not come up with an IM to beat MSFT and YHOO, but now facebook could be the next IM, too.
The problem is valuation. I really like that post saying the internet will grow 100x when countries like China and India come in.. they said the same thing 7 years ago. Social networking is here to stay, but as another poster said, what's Facebook competitive advantage? All those college apps, yeah good idea. But the majority of people are not college students.
Facebook's advantage is that is has a complete stanglehold over social networking. Like microsoft with opperating systems or apple wth music players. New programs and hardware keeps coming out buy nothing can compete with Windows or Ipod or Blackberry.
facebook employees have been looking at your profile and watching what profiles you look at. it may not sound too concerning until you read about facebook employees (who's average age is 23....not a mature workforce) who are spying on users and then call the user to tell them about it: http://valleywag.com/tech/scoop/facebook-employees-know-what-profiles-you-look-at-315901.php http://tinyurl.com/3b6hhj facebook is great, no doubt about it. but there are some serious problems thatcould impeed its further growth namely....privacy....and trying to monetize of its large fickle user base. 150M revenue on a co. that values itslef at 15B....simply put, they need a lot of work.