Originally Posted by sperbonzo

Oh please. People did it to themselves. No one was forced to buy, and anyone with even HALF a brain could have seen that:

1. There are plenty of fake FB profiles
2. Nobody clicks on, or even notices, the ads
3. The stock was valued at 100x earnings.
4. There was no way to increase revenue without selling all the personal data in big chunks, which would destroy the brand.


People suckered themselve. Everyone I talked to that was silly enough to buy it had two reasons, either they wanted to "own a piece of Facebook", or they thought they would make a quick easy 15% in a week and sell. It was all just wishful thinking on their part, and that's what happens when you make stupid decisions..... It costs you.





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