4 ms·
The question should be rephrased to "would you invest in facebook? how much? and why?" This would take the question of stock price out of the question. I think
by makeramen 16y ago
The question should be rephrased to "would you invest in facebook? how much? and why?" This would take the question of stock price out of the question.
I think bringing price into the equation is arguing details unrelated to the point of the question. I would assume most of us here at HN are familiar with the matter and have an approximation of how much FB is worth.
I personally have low expectations for the future of Facebook. As a graduating senior in college right now, I joined Facebook near it's inception during my senior year of high school when my peers first got .edu accounts and it was still private. Almost everyone I knew made the switch over from MySpace over a year or so.
If you can recall what Facebook was like back in the day: it was an exclusive club for college students. No high schoolers and no "adults." I really think this targeted niche was really one of the most appealing factors when I joined. I also really enjoyed the static structure and cleanliness of each page. It was nothing like the myspace mess of fugly personalized layouts everywhere. It was just a nice clean, niche, social environment.
But they've changed a lot since then, and only gotten more unappealing. I remember the days my friends and I dreaded the "public opening" of facebook, when your little brother in middle school and your parents and grandparents started joining facebook. Among all the other features they've now added to their bloat, facebook is just becoming the social Microsoft. All the old fogies are trying to jump on the bandwagon and market their facebook sites, while all the original members like me are leaving.
My facebook page as of the moment just shows my twitter stream and I check it once or twice a month to see what new comments and event invites I've gotten. That's it. I honestly don't really care what the majority of my 600 "friends" are doing; I got code to write.