Zuckerberg Fortune Drops $600 Million as Facebook Flops
- Thread starter ly2 from WF
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No different than all the economic armchair quarterbacking that goes on here... I think it's a positive thing as long as details are laid out on why FB's valuation was obscene. That IPO thread probably saved a few here from jumping in and getting torched.
There is a huge difference. Economics is based in logic. Opinion is not.
That's the fundamental argument I have with dchuk. He confuses his opinion with some objective truth. For someone who is supposed to understand epistemology, well, maybe he missed class that day.
You do realize the term is a turn of phrase? It doesn't literally mean blood in the streets.
Buy When There's Blood In The Streets
Don't lecture me about rulers, you've really got the wrong guy.
What does that have to do with anything in this discussion?
There is nothing worse than dimestore ideologues hijacking a discussion to promote their pet hobby horses.
What is the % of facebook traffic on the phone side? If they went double on what there getting today on there mobile traffic $$$ wise what would the pe be?
of course i realize that, c'mon, you're deflecting from the issue with word-games while lecturing on semantics. really? you said 'invest when there's blood in the streets' and multiple people said in various ways, 'maybe that's not a quality strategy in the current environment'.
why don't you quit playing word games and address the issue we're all talking about, which is at what point one wades into chaos & invests given an environment of hardcore price fall? you're a smart guy, you've known that's what this discussion is about, you've known you're being challenged on this issue, so instead of rallying on posters you know you can dominate, why not elaborate on the issue you were initially called on in the first place?
cliches aside, when does one wade in?
and bring that cookie this time, i don't like teases.
Guerilla's such a tease. Just when he gets going, he realizes he's wasting his time and I'm left waiting for the climax. Give me release!
i respect the hell out of guerilla. he knows that. its just healthy debate. 99/100 topics i cant hold a candle to him. but this one i can... so it is what it is.
According to their latest numbers they are only generating around $500k daily on the mobile side.
Part of WF TOS is that you don't make personal insults towards other members. Please refrain from abusive language towards others.
Also, if you would, please define "shithead". Thanks.
personally i'd say that investors in FB are going to get creamed. a decade ago the internet was a joke, and now its the most important business tool there ever was. can you imagine the advances in the next decade? the idea that FB will even be around is short sighted as hell. they are not microsoft. they're just a really good app.
i simply disagreed with you and expressed my opinion. i'm not calling you names. if that makes me a shithead in your book, so be it. in my world, having a different opinion is a good reason for expressing it. that said, i'm not terribly concerned with my status in your book.
I'm not arguing from my opinion, I'm arguing from pricing strategy for valuating a company for a private acquisition. It's the business standard, the stock market is a fucking joke and should not be trusted as its rarely consistent or rational. Revenue, margins, assets, and growth are things so much more reliable than stock investors
that's absolutely true, if you're truly evaluating businesses on that basis, you're running the game. you should ALWAYS evaluate businesses on that basis.
Not saying it shouldn't exist, just that the traffic doesn't convert as well as search.
You can have a tantrum and swear all you want, but the almost 100% of the numbers out there agree with me.
You're just tossing around buzz words ("reinventing itself") and making claims about the power of a marketing tactic that CAN work, but doesn't convert nearly as well as search traffic.
That's what I was talking about.
You still have to use marketing to convert anyone, even searchers.
That's something I DO understand because I do it all day. Speaking of, I'm going to get back to that.
Facebook's biggest problem was turning itself into the next myspace. My entire damn feed is filled with shares of stupid viral pictures with comments from friends of friends who I couldn't care less about. It turned away from 'a close knit community friends/family' and opened it's legs wide open to the internet circle jerk. Let's also not forget about how bad facebook has been gamed and exploited by marketers and advertisers.
Even with that being said, I don't think facebook is going to go away anytime soon. It's a much bigger monster than myspace ever was. Will it go away in 5 years? 10 years? Possibly. When the next big social network comes along. But, for now, it's pretty much rooted itself into pop culture way more than myspace, hi5, etc etc ever did.
Even with that being said, I don't think facebook is going to go away anytime soon. It's a much bigger monster than myspace ever was. Will it go away in 5 years? 10 years? Possibly. When the next big social network comes along. But, for now, it's pretty much rooted itself into pop culture way more than myspace, hi5, etc etc ever did.