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The difference between Facebook and Google is Technology, the value of goods is define by its availability/scarcity. There's nothing spectacular about Facebook
by okeumeni 19y ago
The difference between Facebook and Google is Technology, the value of goods is define by its availability/scarcity.
There's nothing spectacular about Facebook technology, Fame alone is not enough to justify those billions if you don't think so let see when they go public.
- boucher 19y agoFacebook's technology is not as impressive as Google's for sure, but they actually do have some fairly impressive technology. For one thing, they process a huge amount of data on a daily basis (I want to say I was told over a trillion "news items" per day, but I don't remember for sure). Admittedly the site has slowed a bit in the last couple months, but not significantly.
- Raphael 19y agoAgreed. Facebook will lose dominance shortly because it is so easily replicable. (Although, the way Facebook grew its user base through colleges was genius and would be hard to match.) The same argument could be made for Google as well. Hadoop is poised to render Google's search technology worthless.
- pchristensen 19y agoI disagree. Google's value is in the quality of its results and the speed of search. Facebook's value is in 1) all the users (a social site sucks if your friends aren't there) and 2) it's brand (people know about it and trust it). Someone could buy equivalent technology but not the users or the brand. Remember Google Video vs YouTube? (fwiw, I think Facebook is valuable but if they can't monetize it, then they're in trouble and it won't bode well for all the other social network sites out there either)