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Just out of curiosity: It's considered good manners to disclose that you have a vested interest in something you're writing. Are you also socially obligated to
by statictype 14y ago
Just out of curiosity: It's considered good manners to disclose that you have a vested interest in something you're writing. Are you also socially obligated to disclose that you plan on investing in something in the future?
- reason 14y agoYeah, almost felt like he was trying to brag under the guise of "transparency".
- esrauch 14y agoTrying to brag that he's thinking about buying something that anyone can buy?
- joering2 14y agoserious question: what it means to be "socially obligated" ?
- MaxGabriel 14y agoJust that you're expected to do something by others, mostly by convention, like saying thank you. (presuming this is an English question, not a philosophical one).
- jessriedel 14y ago"Social norm" is the technical term. http://en.wikipedia.org/wiki/Norm_(social) http://en.wikipedia.org/wiki/Norm_(social)
- statictype 14y agoI guess my phrasing could have been better. 'polite' may be a better way to put it.
- dcurtis 14y agoIf I owned Facebook stock, I would disclose that. Since I can't own it yet, but probably will after the IPO, I figured it would be worth disclosing.
- joelhaasnoot 14y agoThis way though it could come off as a pitch for readers to go and buy Facebook stock/stock advice.
- rorrr 14y agoHow is it a pitch to buy? If anything, it's a pitch NOT to buy. $1 billion/quarter revenue (and $210M profits) doesn't justify the $100 billion valuation. Not even close. Consider Google, valued at $200B has a revenue of $10.6 billion/quarter, and $2890M in profits. Also, GOOG has been consistently growing: http://www.google.com/finance?q=NASDAQ:GOOG&fstype=ii http://www.google.com/finance?q=NASDAQ:GOOG&fstype=ii While Facebook is failing to. So what is the realistic value of FB? Based on these numbers, $15 billion at best.
- joelhaasnoot 14y agoSure, the article in itself may speak to not buy looking at the figures, I was meaning the specific sentence.
- fear91 14y agoPeople forget that Facebook still can be Google killer. They can reveal a better search (since their search function is used more than the Google's one). Even easier task for them would be creating an ad content network similiar to AdSense since they can provide way more information about a visitor than Google's tracking. This is precisely why Larry Page tries to shove Google plus into everyones throat.
- jsprinkles 14y ago> They can reveal a better search (since their search function is used more than the Google's one). [citation required]
- deleted 14y ago[deleted]