1) If you read in a literal manner the reports companies file with the SEC, you'd think each and every one of them is going to fail. Know that when companies li

1) If you read in a literal manner the reports companies file with the SEC, you'd think each and every one of them is going to fail. Know that when companies list all the "threats" they "believe" they face in SEC reports, you have to be aware that it's basically legal-ass-covering, and doesn't really actually reflect internal sentiment. They basically include those so that if they get sued by shareholders they can point to those reports as legal evidence that they informed them of all the risks. Anyone who has read multiple SEC reports will know that this is pretty mundane stuff. 2) The OP's right about the coolness. Facebook is not seen as cool among teens anymore. It's seen as necessary. You are seen as an unusual person if you don't have a Facebook. The same applies to having a cellphone - it's assumed you have one, and it's a surprise if you don't (disclosure: I'm going off personal experience from high school). But you're right. It's not seen as cool anymore. I think this is a great thing: Coolness brings you users. Necessity bring you the money. It goes without saying that Blake Ross was being sarcastic about his reason for leaving.