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The IPO is timely because there is no telling how long it will take for Facebook to become the next MySpace. It could be 6 months or a couple of years, or never
by EternalFury 14y ago
The IPO is timely because there is no telling how long it will take for Facebook to become the next MySpace. It could be 6 months or a couple of years, or never, if they find some way to reinvent themselves before then.
- chime 14y agoI'm not at all worried about Facebook failing. I'm worried about them succeeding beyond all expectations.
- EternalFury 14y agoYou shouldn't be worried about either. Smoke and mirrors are always in stock.
- chime 14y agoNot the stock I'm concerned with. It's the fact that 1 in 8 people in the world now use Facebook monthly. When that becomes 1/3 or 1/2, what happens? A successful IPO can make that happen.
- coryl 14y agoI can't really see how a successful IPO helps them grow, its not like they need the cash?
- hyperbovine 14y agoI think that ship has already sailed...
- joering2 14y agoWell, one is for sure: Zuckerberg was very lucky that Instagram owners were not mini-Zucks. Scared to think what will happen next time when Zuck needs to buy a competitor and they owner will greet him with: "Hello, Mr. Mark, I am Bark, CEO of X, Bitch!"