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My technically inept family members have been using Google for years. But I don't see their shares tumbling.
by m0th87 16y ago
My technically inept family members have been using Google for years. But I don't see their shares tumbling.
- jacquesm 16y agoI'm sorry, I don't see your point. Could you elaborate?
- deleted 16y ago[deleted]
- m0th87 16y agoI think it's a false dichotomy to compare the tech bubble with facebook. The former was an economic phenomenon that was dependent on the continued supply of new money from increasingly clueless investors (essentially a pyramid scheme, like all bubbles). The latter is a business with a ton of users and a disturbing amount of information on those users. They have several options for further monetization that don't necessitate unsustainable growth. I do hope facebook fails because of its stance on privacy, among other issues. But I don't think its situation is at all comparable to that of the tech bubble.
- deleted 16y ago[deleted]
- ananthrk 16y agoI don't think he is referring to facebook aboption as an indicator here, rather the fact that someone clueless said that there are so many people using it and millions can be made