nope. shit is dead. it's like buying stock in myspace.
facebook moving into all areas of media and entertainment not just the facebook web site
MySpace tried the same thing.
I think them waiting this long to go public was good for the people who started the company and its initial investors. But it is bad for investors. Its possible that the company has already peaked. Unless they can start getting into other avenues to generate income. I dont see that much upside.
Think about it though, the shit used to be cool, jump on there, add about 5 new friends a week. catching up with old friends and flames. Shit was exciting.
Now how many friends have you added in the past month? Approximately 1? 2 maybe? And the ones you do have, do they really have anything interesting to say besides the same old platitudes and bible verses? Nope.
Shit is done.
Think about it though, the shit used to be cool, jump on there, add about 5 new friends a week. catching up with old friends and flames. Shit was exciting.
Now how many friends have you added in the past month? Approximately 1? 2 maybe? And the ones you do have, do they really have anything interesting to say besides the same old platitudes and bible verses? Nope.
Shit is done.
Internet users are fickle. It makes no sense to invest in a website that will be on the decline in 1-2 years when the new hot site drops.
And the ones you do have, do they really have anything interesting to say besides the same old platitudes and bible verses? Nope.
Shit is done.
facebook is different from myspace. EVERYONE (including companies and corporations) is on FB. Companies and people have too much invested. And myspace was for annoying teenie boppers to make annoying pages with annoying music and graphics
I agree. You can search the news on the IPO and see that a lot of the initial investesters with equity in facebook are selling adding a lot of their shares to the IPO. IMO some people will make money, but a lot of people can possibly get burned. I don't think that it is the no-brainer that google was.I think them waiting this long to go public was good for the people who started the company and its initial investors. But it is bad for investors. Its possible that the company has already peaked. Unless they can start getting into other avenues to generate income. I dont see that much upside.
ItStock gurus correct me if I'm wrong but, is not available to the public at the IPO price on the first day if I'm not mistaken
ItStock gurus correct me if I'm wrong but, is not available to the public at the IPO price on the first day if I'm not mistaken
i don't see why people are scared.... comparing it to myspace??.....
by the time myspace realized what was going on it was already to late...
facebook is different from myspace. EVERYONE (including companies and corporations) is on FB. Companies and people have too much invested. And myspace was for annoying teenie boppers to make annoying pages with annoying music and graphics