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I'd go further: Facebook has no value. Fred Wilson was talking about musical chairs recently, my reading of this oracle is that the end if the game might be Fac
by gbog 15y ago
I'd go further: Facebook has no value. Fred Wilson was talking about musical chairs recently, my reading of this oracle is that the end if the game might be Facebook IPO: everyone jumping in, enormous uncontrolled valuation, and at the same time all the cool kids leaving FB for a newer cooler thing where their parent or bosses are unlikely to be.
- rimantas 15y agoSome people use it as a means to communication. Are you saying that this has no value?
- gbog 15y agoDo you mean companies or groups or bands using it as a mean to communicate with their clients, fans, etc? Then, I guess it has some little real value, as had Myspace pages and second-life real estate.