Just Facebook? How about all of the social networking crap. Every website I visit (other than this one) has a giant bar with 10 buttons on it asking me to Like/Digg/Plus/Promote/Jabber the article. It’s just like reality TV. Entertainment for the masses.
So far, Zuckerberg has done pretty well for himself, I’d say. Of course, he’s still young and if he were to blow the billions of dollars of wealth he has created over the next decade or two, he might later be viewed as a failure.
I like his odds, though.
By the way - apparently you can block the game when you get an invite from someone, but I can’t help you much beyond that, I don’t use Facebook (wife says you’re welcome).
their CFO isn't all that either...eBay was the biggest innovation of the Dot.com era. It took the yard sale online and gave it world-wide potential. It permitted mom-and-pop or smaller concerns to have a catalog accessible by millions. And by taking a small cut of the action eBay has an enormous revenue stream that permits continued upgrade and acquisitions. eBay will not insult its customers as Facebook has - that would threaten this revenue stream.
Great shorting opportunities.
He’s the captain of the ship. He built it. He made the decision to go public. If it goes down, let him go down with it — at the helm.
Let him stay. I hope his ineptitude hastens the demise of this evil thing.
IMHO, 10 years from now FB will be looked at as a failed antique. It will run out of steam. There’s only so many ways you can exploit your customers over the Internet. And then what do you do to maintain the revenue stream?
Let it die.
Without a drastic change in business model, the only way for facebook to increase revenue is to A) increase users or B) agressively data mine people’s accounts to sell targeted information.
I don’t see FB having the ability to greatly increase the number of users because being free, everyone who wants an account already has one. If they start to data mine agressively they may see a backlash that leads custormers to the next social media site.
I didn’t think Google had much of a chance to increse revenue after their IPO but they took their billions and developed products significantly different from their original search engine business model. If FB does the same and invests the billions into something other than the curent model they have a chance. Otherwise they are making as much money now as the ever will.
I don’t have a high opinion of social media - the only real innovations coming from this space are the norming of exhibitionism and the abandonment of privacy. But the criticisms of Zuckerberg stemming from Facebook’s share price are silly - he stated pretty clearly before Facebook went public that he was determined to focus on his long-term strategies and not on short-term investor gratification. Investors who feel they’ve been burned have only themselves to blame - snarking about Zuckerberg’s hoodie and what-not is ridiculous.
He made a lot of money in the process.
His limitation, unlike Steve Jobs, Bill Gates, and several others, Zuckerberg is NOT a VISIONARY.
In essence, he's a guy who won the lottery.
You are not alone in finding it more and more annoying...it is increasingly less and less user friendly as far as an interface to interact with friends...it is becoming more like a website with the option to make comments. It needs to revert back to the way it was circa mid 2008 with the Wall being wholly separate from the other postings. There was a lot, lot more friend to friend direct discussion back when it was like that and other postings being separate. It was so much better and fun to be interacting with friends both current and old you haven’t seen in awhile and would otherwise not be able to keep up with so regularly - and I thought that was the purpose of facebook. Now you just post something and everything is just a reaction (if people want to even comment) to what was posted. The timeline is now especially annoying.
First Obama picks the CEO of GM and now the LAT wants to pick the CEO of Facebook. Sigh.
Be thankful they don't offer more. What I mean is, with their cavalier attitude towards ownership of user data, who would want to involve them in any financial matter?
“Is it just me or does anybody else find Facebook to be getting incredibly ANNOYING lately.”
LOL! As I was reading the first sentence of the article, that is THE EXACT thought I was having! I used to post to FB links to political articles I found at FR; never, ever anything personal unlike my fool “friends”. I never read anything they posted either.
But, I quit doing even that because FB is SO ANNOYING! They keep changing the UI, and never for the better, taking more and more control from the user about how they MAKE the users use FB or view FB. So, I finally just drifted away, because really, enough was enough. I guess enough die-hard sheeple will always hang there no matter how rigid FB becomes because they otherwise have NO FILE WHATSOEVER!
10,000 ways for scammers to rip you off.
That's finance related.