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Posted: Thu May 10, 2012 6:43 am
by Malicious Wraith
minigun wrote:QUOTE (minigun @ May 10 2012, 01:32 AM) question is, will mark zuckerberg lose some control...could damage it.
No, he has special class stocks that ensure he maintains full control of the company.

Posted: Thu May 10, 2012 7:20 am
by MrChaos
Malicious Wraith wrote:QUOTE (Malicious Wraith @ May 10 2012, 02:43 AM) No, he has special class stocks that ensure he maintains full control of the company.
:unsure:

To the best of my knowledge something like the Ford family's Clas A stock is no longer legal. Can you provide me a linkee?

Posted: Thu May 10, 2012 7:34 am
by peet
I do have some minor uses for FB, like keeping track of my friends and family. I notice that the ones which completely and reliable fill in all FB fields are often the commercial parties, e.g. shops. It seems like a good yellow pages for me. I use it like twice a day. The FB database must contain a lot of rubbish imho.

The problem is I do not _need_ FB. I can easy contact the people I like without FB.

The other problem I have with FB is it's poor mobile implementation. Search Google Play's comments on the Android FB app and wonder why such a multi billion company makes slow annoying apps.

My last problem with FB is it's aggressive spamming, stuff I can not turn off. Have to install blocking apps for it on my browser. Or it's buried somewhere insanely deep in a settings menu. I have the feeling I can not really trust them, they are not transparent, clear.

I also notice that some of the FB addicts I know are not the people that can buy lots of stuff. They are students, unemployed, disabled or housewife's. They seem more interested in the latest supermarket offers than the stuff they try to advertise in FB.

After the initial hype I think FB will sink to a base value, and remain stable there for a few years. I skip FB IPO.

Google, for example, has slowly become an integrated part of my computer life. Google android, Google Drive, Google Search, Google Apps. I use Google a lot, too much I think.

Posted: Thu May 10, 2012 7:56 am
by HJ_KG
,

Posted: Thu May 10, 2012 9:45 am
by Adept
I'm thinking massively inflated bubble-stock spidey. I wouldn't.

Posted: Thu May 10, 2012 10:37 am
by NightRychune
facebook is an information distributor

i suspect the demand for the personal information of individuals is not going to go down anytime soon

Posted: Thu May 10, 2012 3:14 pm
by fuzzylunkin1
A chance for Google to buy facebook. /stupid joke

Posted: Thu May 10, 2012 4:07 pm
by DasSmiter
Good short term investment, very good potential. Get out before the first earnings call though or you're screwed.

Posted: Thu May 10, 2012 4:57 pm
by Malicious Wraith
MrChaos wrote:QUOTE (MrChaos @ May 10 2012, 03:20 AM) :unsure:

To the best of my knowledge something like the Ford family's Clas A stock is no longer legal. Can you provide me a linkee?
http://articles.economictimes.indiatimes.c...urdoch-founders

Posted: Thu May 10, 2012 6:54 pm
by takingarms1
I think I would want more clarity on their income stream and how it is derived. Frankly I have only vague notions as to how they actually make money. I think they make money by advertising and selling our info to people, and also by charging commercial vendors to have facebook pages. But I have no idea how much money comes from each of those and what the costs are and what the profitability is like.

Also i would fear that facebook gets myspaced. It's a very narrow money-making model if my vague understandings are correct. Basically if people decided to leave facebook en mass (say, for the google competitor) the same way they did from myspace to facebook, the whole thing could become worthless overnight.