betting against Facebook
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- 49 Responses
- CanHasQBN0
futuremongolian, As it is today, I think FB does something unique. Every day my mom tells me of some old college friend from overseas that she found on FB. And then they get on the phone and start talking and catch up. What other source brings everyone together like that? Twitter is too terse and seems more about celebrities, while FB is more about regular people.
I'm not saying FB will last forever, but I think it will be around for a while. MySpace was a wreck because of the over-customization and people got sick of not knowing what to expect when they went to a page... some song blaring or a million gifs. People like the structure FB gives.
- Twitter may be celebrity (and media)-driven but it's also far more popular with non-whites than Facebook.futuremongolian
- randommail0
2002,
is it reasonable to think that I can I play via ameritrade for something like $5k?- if not, what would you suggest?randommail
- or $10K? is this all dumb to put into FB?randommail
- yovkov0
This new thing, google+, will replace it, it's so much better, with circles and stuff
- fadein110
one huge privacy disaster and facebook will die. and its highly likely.
- 23kon0
Rumour has it that Facebook runs from one single PC sitting in Mark Zuckerberg's spare bedroom.
If you want to take down Facebook, dress up as a Electric Meter Man, go round his house and say that you are there to read his meter. Sneak into his spare bedroom and turn the computer off.
WIN!
- cannonball19780
You guys are missing the fact that it's got roots in out culture. Zuckerberg was time's man of the year. The president mentions Facebook etc, The f logos are everywhere. It's not going to go away of it's own accord. Someone will have to build something better and in order for that to happen there has to be a sudden expansion in internet capabilities across the board that is a fundamental paradigm changer.
- loool0
bet on google wave, or buzz, or google +
- formed0
Timeline = demise of FB
I hated FB to begin with, but succombed to the pressure and have a business profile(s).
Like everyone, I get 5 million "suggested" friends. I go to friend fellow photographers/models in my area and now FB has banned me from sending messages or requesting friends (I can't even send a message for fuck's sake!). I have 330 friends, some have 5000, how can you tell me that I can't have any more and they aren't just friending everyone!?!
Now I am a member of the "wtf" group that is growing rapidly.I'll be the first to jump ship when something else shows up.
And I am confident that the FB killer is already out there. FB's only hope is to monetize their business, which they haven't done so successfully, and keep everyone super happy. I don't see how they can, timeline alone is annoying the hell out of everyone I know.
Only a matter of time and time is short in internet land.
- when something else shows up? Like Google plus?CanHasQBN
- Are you kidding about FB not monetizing successfully? u know how much they make on ads? Maddddddd dollars yo..mantrakid
- theyre making like $5+ billion a year at this point.mantrakid
- Ha, yeah, looks like I've let my prejudice cloud my Wallstreet updates
formed - They are making $1 Billion/yr, as per their IPO filing in Feb.formed
- I still don't like it!formed
- 20020
randomail
Yes thats a good sum to start. Depends on what you want to do with that.
- Short term trade: buying high volatility stocks and selling them with in a week (inverse ETFs / short selling).
- Long term trade: slowly buying mixture of stocks that you like. You can start with 5-10 shares on stuff you like and slowly build it up by buying more of same shares. You want to hold on to this for at least a year.Don't think of dollar value you earn. Its not about dollar but percentage you get from it. You can buy say 5-10 different stocks at 5-10 share per company. Keep it and see if your mixture strategy is working. Don't look at what you have made in $$$. That won't matter. Looking at % will show that you are doing something right and show how to adjust your strategy (buying more of the same or sell / buying another).
- 20020
If you are trading on margin, the margin call is next day.
If you put in $5k, you will get about $10k in margin. Margins are expensive. If you plan to use margin, you have to make sure that your trade will be profitable, cover margin costs etc.
- animatedgif0
Yeah Facebook has been a modern day AOL keyword to me for a while. It's a method to dumb down the internet for the mouth breathers. However it still hasn't made the jump successfully to smartphones/tablets which is where the mouth breathers are migrating to as they don't require a whole computer to use the internet to the extent that they do.
Does this "Facebook/brandname" bullshit actually benefit anyone other than PR and marketing agencies? Do people really want to use the internet that way or are they just too stupid to use it any other way.
I can see social networking side of Facebook slipping down into simpler more focused micro networks like Twitter/Instagram etc. The instant gratification of Instagram is something the catch all solution of the Facebook timeline can't compete with. Not sure what AOL keyword 2.0 part of FB is going to become instead yet.
- 'Mouth breathers' is a wonderful term. Thanks for enlightening me :)Hombre_Lobo
- ali0
- hotroddy0
Facebook gave investors something to ponder ahead of its mid-May IPO, when it filed an amended S-1 to report lower quarterly revenue and net income for the first three months of 2012.
- Llyod0
better than yahoo
- randommail0
As mentioned by others, Facebook is already "not cool".
So having said that, how long do you think before the new group of parents showing their kid's baby photos will get tired of this fruitless activity? One guess could be when their kids are no longer babies.
And Google+ seems to stand on the shoulder of all the other social media outlets and build upon it.
Anyway thanks to 2002, I'm calling my broker (I don't have one yet)
- 20020
randomail
don't call. calling will cost you more when you make trade. you can simply execute via most online trading (ameritrade etc). Make sure you are approved for margin but limit your margin.
- 20020
BTW I own equity in FB so I am biased.
- moniker0
Buy stock in MySpace?
- beautiful0
short it after ipo?