Facebook IPO
Out of context: Reply #28
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- exador10
I've always felt that facebook's strongest point was as a living rolodex/contact page, and a lowrent reality tv channel.
at any given point, you can pretty much contact or get in contact with just about anyone you've ever known...which is useful...beats having to go through old emails or old phonebooks or whatever, trying to find names and numbers...
and it provides most people with just the right amount of lazy voyeurism....checking out anonymously how their friends lives are going etc....or old friends, girlfriends, etc etc....
those two things alone make it valuable.
i guess the fact that it's all together make it, essentially, an advertisers dream come true....
in todays world of a million tv/movie channels there's little commonality left...used to be a time when 'everyone' watched show-x the previous night...now?...no....we're all in our own echoe-chambers, watching only what we wish...(which i personally think is just fine)...
advertisers however, love the bang-for-the-buck payoff of having everyone's eyeballs all in one place....and facebook is that place..abc/nbc/cbs/fox etc used to battle it out for eyeball supremacy, but that is a train that has sailed ;) at this point, facebook is where the most eyeballs are....zynga games are the begining....wait til they figure out a way to have tv shows and live events on it....