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(NBC News)   Pace marketing professor to Mark Zuckerberg: Facebook's stock crisis is bad and you should feel bad. Zuckerberg: Lol I can't hear u over the sound of how awesome I am   (marketday.nbcnews.com ) divider line
    More: Obvious, Mark Zuckerberg, Facebook, Jim Cramer, market capitalization  
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8462 clicks; posted to Main » on 29 Aug 2012 at 2:09 PM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-08-29 10:16:32 PM  
Facebook is a childish toy, it is not worth anywhere near 100 billion, it is a huge joke.

Advertisers are not seeing any increase in sales using facebook, even with their massive exposure, the derps and herps from their users drown out all of the advertisers.
 
2012-08-30 12:07:00 AM  
his only stupid move was getting married. half, Eddie. Half.
 
2012-08-30 12:33:14 AM  

pippi longstocking: Facebook is a childish toy, it is not worth anywhere near 100 billion, it is a huge joke.

Advertisers are not seeing any increase in sales using facebook, even with their massive exposure, the derps and herps from their users drown out all of the advertisers.


HR departments love it. Banks too.

/too big too fail
 
2012-08-30 06:43:03 AM  

Snarcoleptic_Hoosier: Why should he care? He's a billionaire (or close enough to it).

And when he cashes out, Facebook will hire an executive team to start data mining (more than they do now) and that will kill the company. I'm still convinced Facebook is the AOL of this decade.


It's funny you should say that. I'm convinced that AOL died only because Bill Clinton signed executive order 13026 making public-key encryption legal. Up until then, you couldn't do a lot of the stuff we take for granted now - there wasn't the security for it - so you hooked up with some kind of intermediary/gatekeeper like AOL to handle payment processing etc.


Now, as much as I hate Facebook, I don't really see Facebook shutting down until we get some similar kind of change that's so massive, looking back you forget we ever lived without it. Sea-level change. Worldwide municipal fiber optics or wifi? Wireless spectrum reserved to every citizen? Cheap, mass-produced 'disposable' ARM-based wifi servers running something like the Freedom Box so everywhere there's electrical service there's a mesh network that supplants the commercial internet? Something that's so powerful and with so many redundancies that it allows everyone, everywhere, to run their own server or server network without fear of DNS-filtering censorship, DDOS attack, or extra-judicial seizure a la "Operation In Our Sites" is really the only thing I see that drives people away from cheap( as free), easy( as that little blue 'f' button), already-everywhere social networking like Facebook.
 
2012-08-30 06:46:25 AM  
Totally unrelated to my previous comment: WTF thinks Wall Street analysts, who presided over one of the largest economic downturns in history only to immediately dive back into corruption a la the LIBOR scandal, are the sane, sober men of serious investment that you want running your company?
 
2012-08-30 06:50:05 AM  
I mean ... people who were dumb enough to screw up and buy a stock at double its market value are supposed to be smart enough to come in and double the market value? Who thinks something that stupid without their cerebrum shutting down your lungs to defend your offspring from your contagious idiocy?
 
2012-08-30 11:56:47 AM  

DataShade: Totally unrelated to my previous comment: WTF thinks Wall Street analysts, who presided over one of the largest economic downturns in history only to immediately dive back into corruption a la the LIBOR scandal, are the sane, sober men of serious investment that you want running your company?


"We can totally gut this fish."

"What about when the whole economy tanks.?"

"We make the government bill the taxpayers. Screw 'em. If people get all protesty, just make fun of them and harrumph a lot while wearing a power tie."

"I'm in."
 
2012-08-30 02:43:48 PM  

FishyFred: Kahabut: FishyFred: Kahabut: MS has office and windows and Xbox in every office, home, living-room in the USA and a good chunk around the world.
Apple has a totally un-explainable fan base, and insane profits, on a dwindling platform.
Facebook has shiat all and knew it right from the start.

You got exactly one out of three correct.

Care to debate the subject... from what platform are you typing?

To be fair, I'm actually in the industry. Do you really think you know more than I do about it?

Show me.

I'm sure you know plenty and your assessment of Microsoft was the one you got right. But I suspect you can't see the forest for the trees if you are "actually in the industry" and don't understand Apple's appeal: They make devices for people who don't care how their stuff gets made or how it works. It just works, and they're willing to pay a premium to never have to worry about it.

And I suspect you don't get out much if you think Facebook has "shiat all." When was the last time you planned or attended a party less formal than a wedding? Gone to any local concerts or events recently? Where do you go when you need to send a message longer than 140 characters to several friends at once? If you're under 30, you went to Facebook.


Apple's appeal is, fairly quickly, losing ground. Didn't you notice? Their "it just works" concept is good, but it's losing. It was only popular because the other option was "you have to be a class 3 geek or higher, roll 3 d20 against 50" That is no longer true.

Also, frankly, pandering to the stupid people that can't, or aren't willing to learn to operate modern phones and computers is not a long term plan.

First, about Facebook... I'm not under 30. I rarely if ever send anything to more than one person at a time. I have never put an event on Facebook, nor attended one posted there (your parties suck). None of this has anything to do with the fact that Facebook has no INCOME, and NEVER HAS, and apparently isn't going to. Users are not the same as customers... ask Napster about that one.
 
2012-08-30 02:58:33 PM  

Kahabut: None of this has anything to do with the fact that Facebook has no INCOME, and NEVER HAS, and apparently isn't going to. Users are not the same as customers


To paraphrase something that has been expressed multiple times regarding Facebook, the users are not the customers. The users are the product.

As for not having income, their revenue is measured in billions of dollars per year.

Bill. Yuns. Plural.

They are in the black.
 
2012-08-30 04:44:09 PM  

DataShade: I'm convinced that AOL died only because Bill Clinton signed executive order 13026 making public-key encryption legal.


AOL died because they kept actively shooting themselves in the foot. They spend obscene amounts of money on acquisitions and then drove those properties into the ground. They bought Netscape for the portal traffic. Within 2 years, 90% of that traffic was gone forever. They bought Mapquest, which had an early lead over Google Maps, but didn't invest anything in maintaining that lead.

Then, there was the Time-Warner merger. It was actually a smart move that got torpedoed in the board room because some billion-dollar egos got bruised. They saw that dialup was a dead end and the future was broadband; the primary goal of the merger was to get their hands on TW cable's broadband business. But thanks to boardroom politics the dialup business and the broadband business never got merged, which was the last nail in the coffin.

Lots of other mis-steps. They completely missed the boat on mobile. Myspace (and later Facebook) stole their lead in social networking. They killed Hometown with intrusive advertising. AIMPages was a flop with a bloated, buggy UI, and Bebo was a billion-dollar boondoggle.

/ex-AOLer
 
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