If you invest, you can short them and may make tons of money. I am looking into this myself.
Google is worthless since they boogered their search algorithm to suppress free speech.
I don’t even bother with google anymore. Even Yahoo is better now, if you can believe it.
Gilder is a genius. Libtards like Oprah do not like him.
FWIW.
Back around 1991 I was a young and dumb stockbroker and one of my clients told me I should read Gilders book “Life after Television”. I’m like OK cool.
Later that year my wife asked me what I wanted for Christmas. Not wanting anything really, I told her George Gilders book “Life after Television”.
As it turned out my wife went to a dozen or so book stores looking for this book and nobody had it in stock. She eventually ordered the book from some discount bookstore.
She was so pissed off when it finally arrived. This thing, this book that she worked so hard to find was an 80 page paperback and to her, a joke.
That book changed my life.
It completely changed my way of thinking.
He opened my world to possibility.
A world that I didn’t even know existed.
I think FB is also going to hit a crisis of confidence with their advertizers. When their whole business model is built on the ability to deliver targeted ad messages to specific groups of people, yet FB can’t be trusted - how long can that model survive?
Facebook faces some major challenges, but they have cash, market position, and incentive to figure out solutions. We cannot anticipate whether, like Apple, Microsoft, and Amazon before them, they will be able to prove the critics and doomsayers wrong, but no one can say for certain that they do not have a chance of doing so.
Hiring 10,000 people in a hurry means that a significant percentage of them are probably associates of the people they're trying to keep out of their system. It's a losing game.
I left Motorola in the late-1990s about the time the CEO of the Semiconductor Group displayed a hockey stick graph leading to $1 Trillion, and said the only thing limiting growth was how fast they could hire people. Now Motorola is a pimple on Google's rear end. According to Gilder, Google will soon be a pimple on some other start-up's read end. Welcome to the Silicon Valley fast lane.