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You know it's easy to poke fun at this, but they are a gigantic fucking website. They are in a position to be beat the giants at everything. Google: search - Fa

You know it's easy to poke fun at this, but they are a gigantic fucking website. They are in a position to be beat the giants at everything. Google: search - Facebook can create a better search using the data it has about people and beat them. Microsoft - software, Facebook can add it's social aspect to software for phones, pcs, whatever in any way imaginable and beat them. Facebook is in the position to rule the world. To be what others have imagined but could never have been, to tie it all together and make more money than god. I'm not saying they will, but underestimating the skill, the determination, and the savvy of Facebook is probably likely. Of course there maybe some bubble mentality in the people bidding, but perhaps these people are in luck and it's not a bubble at all.

wippler 16y ago
With the given strength of 500 or 600 software engineers they have, I don't see how it is possible for them to diverge into every other vertical. The most important thing for their valuation is the leverage they have (lots and lots of data about every user).
- btipling 16y ago
  Well they are hiring. It doesn't have to happen in Q1 of 2011, but it can happen in the next five or ten years.
- waterlesscloud 16y ago
  If only they had some way to raise hundreds of millions in cash to hire more engineers...
anigbrowl 16y ago
http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=logarithmic&chdeh=0&chfdeh=0&chdet=1295071224728&chddm=1894786&chls=IntervalBasedLine&q=NYSE:TWX&&fct=big&authuser=0 http://www.google.com/finance?chdnp=1&chdd=1&chds=1&... Note the log scale for price.
code_duck 16y ago
I hear this 'rule the world' phrase in relation to facebook a fair bit. What is actually meant by this? What will facebook be doing that qualifies as such?
- bl4k 16y ago
  It means most non-tech people spend all day on the damn site, either on their laptops or on their phones. For a lot of people today Facebook is the Internet
  - code_duck 16y ago
    I wouldn't really say that 'most non-tech people' do that, though many may. Of course it's a popular site. There's a still a lot of room to go before being a very popular website and 'ruling the world'. I'd consider maybe an entity that was a combination of Google, Apple, Intel, Microsoft, Facebook, Comcast, AT&T, the US, EU and Chinese Government to qualify, but for a very popular website to be referred to in those terms, I'd like to hear some more details about what they'll actually be doing with all that attention.

wippler 16y ago

With the given strength of 500 or 600 software engineers they have, I don't see how it is possible for them to diverge into every other vertical. The most important thing for their valuation is the leverage they have (lots and lots of data about every user).

btipling 16y ago
Well they are hiring. It doesn't have to happen in Q1 of 2011, but it can happen in the next five or ten years.
waterlesscloud 16y ago
If only they had some way to raise hundreds of millions in cash to hire more engineers...

anigbrowl 16y ago

http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=logarithmic&chdeh=0&chfdeh=0&chdet=1295071224728&chddm=1894786&chls=IntervalBasedLine&q=NYSE:TWX&&fct=big&authuser=0 http://www.google.com/finance?chdnp=1&chdd=1&chds=1&... Note the log scale for price.

code_duck 16y ago

I hear this 'rule the world' phrase in relation to facebook a fair bit. What is actually meant by this? What will facebook be doing that qualifies as such?

bl4k 16y ago
It means most non-tech people spend all day on the damn site, either on their laptops or on their phones. For a lot of people today Facebook is the Internet
- code_duck 16y ago
  I wouldn't really say that 'most non-tech people' do that, though many may. Of course it's a popular site. There's a still a lot of room to go before being a very popular website and 'ruling the world'. I'd consider maybe an entity that was a combination of Google, Apple, Intel, Microsoft, Facebook, Comcast, AT&T, the US, EU and Chinese Government to qualify, but for a very popular website to be referred to in those terms, I'd like to hear some more details about what they'll actually be doing with all that attention.