Quote:
Originally Posted by CyberHustler
I wouldn't... just look at the history of ALL the other big mainstream social networks before facebook. The sheeple will move elsewhere in due time. Invest in weed.
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The Social Site User base has always been and probably always will be transient, FB is in no different position than any that came before or will come in the future. There will always been something new and hot. as will there always be the old and stale.
Personally I think it's a serious mistake by FB to focus "only" on FB and not move into other areas on and offline. Eventually they will lose the throne and then what will be left?
I mean really would any of you buy FB stock to hold for 20 or 30 years like say you might with Ford, GM, GE, Sony.. ect..ect? Now say the same thing about Google whom has moved into several areas both on and offline. I know which one I'd rather stick with for a long term investment.
FB ipo is nothing but a money grab with it coming out this late in the game.