Bottom line is, it’s their site, they can do as they wish with it.
not really..if it’s public access then questions come up
try doing whatever you want if you own a business
like excluding blacks or making them eat in back
or not making handicapped ramps and johns etc
or hiring dicrimination
and so forth
“it’s their site they can do what they want” is not a reality at the size and public access facebook is
just watch...if they are discriminating on users they will be challenged
like Google, it’s so obvious they stack reference to suit themselves when they can...and folks bitch about it
Bottom Line:
Zudkerberg has just given all his competitors a huge competitive advantage and they will take it. Watch for a big advertising blitz by My Space and others.
This is not good business if you are looking to dominate the social space. Basically they are giving it up to their competitors.
That 50 billion implied valuation will be laughable in one year. Try 3.5 to 5 billion.
Goldman Sachs received bailouts, some back door through AIG, have maintained many key positions in this administration, They recently invested $450 million in facebook, which now is aggressively changing policy before the election.
Bottom line is that Obongo has been courting Mark. He already got You Tube in 2008, he needed Facebook. Welcome to the new USS of A.
“Bottom line is, its their site, they can do as they wish with it.”
Exactly.