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- hyperspaztik, on 04/01/2009, -0/+17I don't know why anyone would invest in Facebook. The stocks will just go down the tubes when FaceSpace comes out.
- upick, on 04/01/2009, -3/+16I see money flowing like a waterfall for Mark
- GrObserver, on 04/01/2009, -0/+11In the distant past, the year 2000, owners of companies that had no clear and profitable business model found out that they could make a fortune and retire for the rest of their lives by a mystic pact known as the IPO. Facebook may have some way to make money, but I've never clicked on an ad on their site and wonder how many other people are like me. I suspect that they will go public, make a bunch of money via stock price frenzy, 3-4 years later not be able to show much of a profit, and languish until purchased by some larger company 5 years hence. I could be very wrong, but we'll see how it plays out.
- blah247, on 04/01/2009, -2/+10All these fade sites get replaced by the next new hotness!
- kravex, on 04/01/2009, -2/+10BREAKING NEWS!! Not everyone's day starts the same time as yours.
- FLarsen, on 04/01/2009, -1/+8Hey Arnold, you're in the wrong time zone!
- dfhrace, on 04/01/2009, -3/+8not any more id say with the new design they both equally suck
- inactive, on 04/01/2009, -0/+5O rly?
- Barackalypse, on 04/01/2009, -0/+5On the contrary, now is always the best time for a pyramid scheme to sell out, before it becomes obvious to people that they don't have any real hope of actually making money. All that user growth you've been reading about actually creates all sorts of cost pressures on the company to add expensive data storage and processing infastructure, which is extremely problematic for a company that was never profitable before and now has even more expenses:
"It costs a couple of hundred million dollars a year just to keep the lights on at Facebook. But the real problem is keeping up with growth, particularly storage needs. Add another $100 million or more per year for capital expenditures, and you’ve got a company that’s doing exactly the opposite of printing money."
http://www.techcrunch.com/2008/10/31/facebooks-gro ... - inactive, on 04/01/2009, -2/+6APRIL FOOLS!
- whiledo, on 04/01/2009, -0/+4Not disagreeing with most of your post, but I do have some comments on the whole ad thing. Every year, I get a stack of yellow pages on my doorstep. I don't even OPEN the damn things, much less look at the ads/listings. Yet someone does. Enough someones to pay for the whole process. Maybe they're not getting their money's worth like they think they are, but that doesn't seem to stop them.
I have to wonder if it's not a lot cheaper to run a website than it is to create, print and deliver all these phone books. Even a highly trafficked one might be cheaper, because then you can get more money from the advertisers because you can at least show people are "opening the phone book." - MrCashyCash, on 04/01/2009, -0/+4They're still losing money. Make a profit first, then we'll talk.
- kd420, on 04/01/2009, -0/+3I'm waiting for FriendFace.
- JamesBondQ, on 04/01/2009, -0/+3Because they have nowhere to go but down.
- covertbadger, on 04/01/2009, -0/+3Even if they made a profit I wouldn't touch them with a bargepole. Hell, I wouldn't touch them with SOMEONE ELSE's bargepole. Their userbase is lightweight and faddish - already there's talk of twitter doing to facebook what facebook once did to myspace. Would you bet thousands of dollars on facebook holding off twitter (and whatever future competitors we haven't heard of yet) for the next 20 years? I wouldn't.
- TheUngod, on 04/01/2009, -2/+5Hearing social media called gay...I'd swear I was on myspace right now. That was an awesome job at irony. I hope.
- Swivelstick, on 04/01/2009, -0/+3Are you new to the internets?
- nukeleearr, on 04/01/2009, -0/+3who in their right mind would invest in a company that hasn't turned a profits since its inception?
- topgigmedia, on 04/01/2009, -0/+3... down the youtubes...
- DrummerAndrew, on 04/01/2009, -0/+2MyFace.
- inactive, on 04/01/2009, -0/+2Badly, is how I feel for you.
- Paulish, on 04/01/2009, -0/+2I was under the impression that the phone books are government subsidized.
- whiledo, on 04/01/2009, -0/+2I have seen nothing that would ever support that.
Here we get multiple phone books from different companies, even. Companies that have nothing to do with providing phone service. They're not even delivered by the post office, which could help make an argument about government subsidization. They hire people to deliver them. - inactive, on 04/01/2009, -1/+3http://dealflow.typepad.com/my_weblog/2009/04/what ...
- hooyeah123, on 04/01/2009, -0/+2how about racebook? it's already taken by a gambling site though....
- slickwatson, on 04/01/2009, -1/+3i see lameness flowing like a waterfall for everything facebook
- tencrownsdrop, on 04/01/2009, -0/+2but it's so much fun! poke!
- covertbadger, on 04/01/2009, -1/+2So why don't you buy some shares and tell them not to rip people off more?
- ScumSucker, on 04/01/2009, -2/+3They probably shouldn't have messed their site up so badly a couple of weeks ago then. If old Facebook would have been worth ten dollars per share, a share of new Facebook isn't quite worth a shiny nickel -- they killed it.
- abhorred, on 04/01/2009, -1/+2because FB has a crap architecture that doesn't scale so they need to spend ungodly amounts of money keeping up with volume and have no business case for creating their own $$$ especially with more and more non-monetizable non-US membership
read the tech news - keep up - inactive, on 04/01/2009, -2/+3shareholders: start ripping people off more
facebook: ok
customers: bye - inactive, on 04/01/2009, -1/+2Don't talk about Facebook.
- Swivelstick, on 04/01/2009, -0/+1of 1 percent
- Pizzini3000, on 04/01/2009, -1/+2Is...Isn't DIGG social media? :(
- hooyeah123, on 04/01/2009, -1/+2phone books are used by the elderly who don't know how to use a computer.
- inactive, on 04/01/2009, -0/+1facebook and twitter combined worth less than 1/10 of google and apple.
- FLarsen, on 04/02/2009, -1/+1Well, the joke sucks.
- skeptictank, on 04/01/2009, -0/+0If you're not Zuckerburg or the Arbitrager you're only going to lose money.
- hiimkardinal, on 04/01/2009, -1/+1They just want in on some of that sweet, sweet bailout money.
- HeyArnold, on 04/02/2009, -1/+1hey retards! timezones, and the international date line aside, its a ***** joke!!
- foosejuice, on 04/01/2009, -2/+1I can't remember where I heard it but someone told me that facebook recieved subsidized money from the government every year.
Maybe they have to go public because now that people went up in arms over the TOS, the government no longer has any use for them and is pulling their funding. Facebook really was the only social networking site of it's kind that had such rediculous terms of service. Maybe that was the only legal way for "big brother" to properly use our information.
Does this sound obsurd? It probably is. If it wasn't April fools day today and I wasn't so incredibly bored at work, I probably wouldn't have writen this - Ghostalker, on 04/01/2009, -3/+2They've been talking about this for years. They won't do an IPO with the market in the ***** like this because it'll hinder how much they'll make. In a few years, when the economy recovers, Facebook will do an IPO and make even more money for Mark.
- DrummerAndrew, on 04/01/2009, -2/+1Buy the IPO for the initial surge. Wait ten days, tops. Cash out. I'm really wishing I had done that for Chipotle when they went public, I knew it would jump.
- inactive, on 04/01/2009, -6/+1I gotta buy as much as I can!
- inactive, on 04/01/2009, -10/+5Yes.
FaceBook > MySpace - GoneGreen, on 04/01/2009, -13/+8Social Media.... GAY, just GAY~!
- Zzzoney, on 04/01/2009, -7/+0Please send my google blogger posts to any, and all media sources worldwide as I have, for the sake of transparency and fairness.(Arab-al-jazeera,asian media).
I will not unclench my fists on this terroristic embezzlement of american tax monies.
<A class=user href="http://www.zzzoney.blogspot.com/" rel=nofollow jQuery1238606951187="170">http://www.Zzzoney.blogspot.com</A> zzzoney@gmail.com
Zzzoney - eramos, on 04/01/2009, -9/+2move over google, theres a new man in town. it looks like the big tech players in the future are shaping up to be apple, facebook, and twitter
- Brododium, on 04/01/2009, -14/+6OMGF F@CEBOOK TO GET PUBLIC LISTING!
JOIN THIS GROUP< WE SAY NO!!!1!!
_THIS COMENT NOT ENdORSED BY MARK ZOMGBERG_ - HeyArnold, on 04/01/2009, -14/+4BREAKING NEWS!! April fools day has been moved to the 2nd!
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