So, who's buying facebook?

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So, who's buying facebook?

Postby (shamustwin) » Mon May 07, 2012 3:11 pm

Anyone? Bueller?
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Re: So, who's buying facebook?

Postby (electrofaro) » Mon May 07, 2012 3:14 pm

I doubt it will be worth anything in the long run... but for a short time it might be a good investment!
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Re: So, who's buying facebook?

Postby (egosheep) » Mon May 07, 2012 6:59 pm

Wildberry wrote:I doubt it will be worth anything in the long run...

I hope so. I hate facebook, I would love for it to vanish.
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Re: So, who's buying facebook?

Postby (electrofaro) » Tue May 08, 2012 3:47 am

Thomas, a lot of people, including me use facebook to stay in touch with friends who live too far away to go visit easily. Facebook serves a purpose in that way, and I would not like to see it go away, as I'd have to go back to email contact which just isn't the same as Facebook! What did Facebook do that you hate it? Must've been quite bad, as hate's quite an extreme emotion!
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Re: So, who's buying facebook?

Postby (antipodean) » Tue May 08, 2012 6:06 am

I can remember when "Netscape" was the big thing and was going to be worth squillions, then there was "Yahoo"....

In the IT world, a new product with relatively negligible startup costs can destroy your business model overnight, so huge valuations for Facebook may be a little overdone. That said, you can't argue about it's market presence right now.
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