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Facebook guys reject $750 million bid-want $2 billion
Poast new message in this thread
Date: April 3rd, 2006 3:42 AM Author: painfully honest haunted graveyard Subject: Some think they should have accepted the offer. http://www.thecrimson.harvard.edu/article.aspx?ref=512423 (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5499598) |
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Date: April 3rd, 2006 4:41 AM Author: Bateful dysfunction they should have. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5499793) |
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Date: April 3rd, 2006 11:30 AM Author: stirring aggressive rehab i don't see how these things can be worth anything. Anyone can start a social-neworking site; there's little barrier to entry. Google and Yahoo are getting into it now. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5500698) |
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Date: April 3rd, 2006 11:34 AM Author: haunting stock car you clearly don't understand this particular market (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5500727) |
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Date: April 3rd, 2006 11:34 AM Author: Unhinged thriller deer antler Credited. One of my roomates started a comparable website two years before the facebook started. It only took him a summer to set up. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5500728) |
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Date: April 3rd, 2006 11:34 AM Author: haunting stock car yea, look how popular it is now. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5500732) |
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Date: April 3rd, 2006 1:06 PM Author: Irradiated Crackhouse Persian TI,OC,TCR. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5501285) |
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Date: April 3rd, 2006 11:37 AM Author: drab halford private investor there's little barrier to entry, but pretty much every college student has a facebook account already - and how many people will open a new account on a new site all of a sudden? probably not many, i know i wouldn't bother. i don't think there are many other sites out there that receive such a ridiculously heavy volume of traffice from such a prime demographic. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5500751) |
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Date: April 3rd, 2006 11:38 AM Author: Passionate circlehead This is correct. At this point in time, I don't think there is anything that can compete with facebook. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5500763) |
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Date: April 3rd, 2006 12:54 PM Author: Pearl sexy cumskin Agreed. I look down on XuQa, Friendster, myspace. Their layouts are ugly, searching for people can be a little difficult, and everyone definitely has a facebook account as opposed to these other sites. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5501219) |
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Date: April 3rd, 2006 1:38 PM Author: Slate Soul-stirring Tattoo Garrison I like myspace for people I know who didn't go to college or who haven't been to a 4 year school yet. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5501508) |
Date: April 3rd, 2006 11:52 AM Author: Hairraiser Overrated Nursing Home Athletic Conference Did these guys hire an investment bank to value the company?
They could call me, I'd do an offering memorandum for these guys and model the company out for them... |
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Date: April 3rd, 2006 2:16 PM Author: haunting stock car lame (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5501749) |
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Date: April 3rd, 2006 4:34 PM Author: Multi-colored temple travel guidebook Anyone could. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502895) |
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Date: April 3rd, 2006 6:31 PM Author: exhilarant brindle tank You must be joking.
The Facebook guys have some of the most well-connected Silicon Valley VC firms invested in them.
I doubt they deal with Betas.
DEAL. |
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Date: April 4th, 2006 1:40 AM Author: Supple puce lay pocket flask betas? (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5508203) |
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Date: October 7th, 2007 1:32 AM Author: Yellow insanely creepy church building french chef I think it's an east coast term (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#8737490) |
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Date: April 3rd, 2006 1:02 PM Author: Canary cowardly stage this guy is such an idiot
and a tool in social situations to boot |
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Date: April 3rd, 2006 1:03 PM Author: Passionate circlehead explain (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5501271) |
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Date: April 3rd, 2006 1:06 PM Author: Irradiated Crackhouse Persian You're probably just jealous that he's a multi-millionaire and you're not.
Yes, he was an idiot not to sell, though. |
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Date: April 3rd, 2006 1:19 PM Author: Canary cowardly stage im not jealous....i would never have thought of/been interested in/or capable of creating thefacebook (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5501380) |
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Date: April 3rd, 2006 1:29 PM Author: painfully honest haunted graveyard Subject: A classmate of yours, no? (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5501450) |
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Date: April 3rd, 2006 1:35 PM Author: Canary cowardly stage yep
edit: i just ordered graduation announcements....creepy |
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Date: April 6th, 2006 7:02 PM Author: floppy roommate TITCR. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5528736) |
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Date: April 3rd, 2006 1:38 PM Author: self-absorbed newt MySpace has more members, and the more lucrative younger market. Hence, Facebook HS, and its subsequent failure.
MySpace sold for less than $750 million, they should have taken the money. |
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Date: April 3rd, 2006 6:34 PM Author: exhilarant brindle tank MySpace was also a bargain for NewsCorp.
If MySpace had stuck it out, they would've pocketed double what they got.
Facebook's value is not in the quantity of its members, but in its 85% market share of college students. |
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Date: April 3rd, 2006 2:08 PM Author: Submissive 180 Set Dragon Its the 18-25 crowd that almost every company sans Goldbon or Depends absolutely drools over.
Having a registry of 95% of college students in America (including their current interests and attitudes) is certainly worth more to businesses than MySpace. $1.5 billion more, I can't say. But people who say these dudes are idiots for not selling need a freakin clue. |
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Date: April 3rd, 2006 2:25 PM Author: chrome excitant parlour selfie Maybe. I think most people think theyre idiots because a bird in the hand is worth two in the bush, and no matter how much something is worth its never a terrible idea to cash your chips for 750 million dollars and retire at 24. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5501816) |
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Date: April 3rd, 2006 11:18 PM Author: Pale sanctuary Subject: That's the conservative approach But what if Bill Gates had taken a similar approach? He might be only one of hundreds of billionaires in the country--certainly rich, but not managing one of the largest companies and one of the largest trust funds in the world. No matter what happens, the Facebook founders will always be rich, but it's understandable they chose to take a gamble and keep the company. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5506757) |
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Date: April 3rd, 2006 2:37 PM Author: Filthy nubile jew I once read an article on this guy in the New York Times or some similar publication. He sounded like a complete ass.
Who honestly cares about Facebook a month after making an account? Sure, there may be a check every now and then, but the novelty quickly wears off. I have confidence that the Facebook bubble will burst within a few years. |
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Date: April 3rd, 2006 2:45 PM Author: Canary cowardly stage exactly
which is why they should sell now
they are doing a shitty job of making it better anyway |
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Date: April 3rd, 2006 3:10 PM Author: chest-beating mint old irish cottage and by the time the novelty wears off it's about time for a new crop of freshmen to create new accounts and use the site nonstop until they eventually get bored of it. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502141) |
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Date: April 3rd, 2006 3:22 PM Author: Filthy nubile jew Point taken. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502237) |
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Date: April 3rd, 2006 3:26 PM Author: dead lodge associate They can't operate that way, since that means ZERO growth. If they're never going to be more profitable than they are now, their worth isn't anywhere near even $750 million. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502270) |
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Date: April 3rd, 2006 3:40 PM Author: chest-beating mint old irish cottage saying that they'll have zero growth would only make sense if what that other guy said about every single user getting bored with it and not using the site on a frequent basis actually was true. Chances are that isn't the case. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502392) |
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Date: April 3rd, 2006 3:44 PM Author: dead lodge associate I think it is the case, though. Not on as short of a timeline as he proposed, but certainly there is a window over which interest steadily declines to zero. Aspeople move on to full-time jobs and don't spend as much social time on the web, it definitely falls off. If facebook can somehow expand their site to be more attractive to alums, maybe they'll hold on to this market better, but they haven't done that so far.
The truth is, if facebook had huge growth potential as it currently stands, I don't think they'd sell out. |
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Date: April 3rd, 2006 4:21 PM Author: Filthy nubile jew The timeline that I proposed was exaggerated, obviously. However, it was completely true for me. I have almost no interest in Facebook. I used it relatively often initially, which declined to almost never after a month or two. It's boring and a completely lame, unoriginal concept (not to mention a growing one). The success of Myspace and Facebook is a complete fluke. There are a million of these sites appealing to everyone's bizarre voyeuristic tendencies and desperation for hundreds of random assholes to tell them that they want to be their "friend". If people eventually gain higher standards for entertainment and communication, Facebook will fade away.
Unfortunately, I think that you're right. With each new bored member comes 100 new freshman. Not to mention, I'm sure next to no one cancels their account. There's continuous growth. |
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Date: April 3rd, 2006 4:49 PM Author: dead lodge associate I didn't say there's continuous growth. But they aren't done a year in for most of their audience (apparently, 65% of the site checks in daily). (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5503058) |
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Date: April 3rd, 2006 4:55 PM Author: impertinent translucent shrine When I wrote the Facebook staff demanding to know why they disabled my account (which I am grateful for, by the way), after their initial response, I told them to enjoy the bubble while it lasted and expressed my hope that no one would poke it. They wrote me back an indignant reply to which I never answered, so I'd like to think I got under their skin. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5503117) |
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Date: April 3rd, 2006 2:48 PM Author: Lime Comical Preventive Strike *Why* would a company want to buy facebook? What kind of services does facebook offer that renders it valuable? It isn't a search engine, and it is completely free and doesn't charge registration fees, and other than possible advertising (which 99% of students ignore anyway), there's not much one can do with facebook to make money to justify such a high sales price of $750 million. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502025) |
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Date: April 3rd, 2006 3:18 PM Author: lascivious filthpig foreskin infomation is expensive. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502203) |
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Date: April 3rd, 2006 3:25 PM Author: dead lodge associate I'm trying to envision a scenario where a company would be able to use facebook's information in a profitable way without the audience feeling taken advantage of (and thus migrating to XuQa or somewhere else more "free" to use). (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502261) |
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Date: April 3rd, 2006 3:28 PM Author: lascivious filthpig foreskin hmm. they already have "pulse" and that can be viewed by anyone with a fb account....
consumer research comps will want to know that kind of info, but i don't know how that would happen. |
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Date: April 3rd, 2006 3:41 PM Author: dead lodge associate I don't think the Pulse is worth much other than as a way to increase the number of page hits visitors go through on the site and to give advertisers a sense of the general audience.
I guess you could make decent money provided really really targeted advertisement (and charging people a ton for it), but I don't think that type of thing would be appreciated by the audience of the site. |
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Date: April 3rd, 2006 3:30 PM Author: painfully honest haunted graveyard Subject: i can remember when you sneered at Facebook! I breathlessly reported that they'd zoomed from 10 to 25,000 customers, and you thought XOXO still had a better business plan! (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502303) |
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Date: April 3rd, 2006 3:32 PM Author: lascivious filthpig foreskin haha (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502323) |
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Date: April 3rd, 2006 3:38 PM Author: dead lodge associate I don't think I ever said XO had a business plan, much less a better one.
I definitely sneered at Facebook and sort of continue to. They've ridden this fad particularly well, and I hadn't anticipated that in the slightest. Apparently, the prestige of being on the same service as Harvard carries a lot more weight than I'd assumed.
I didn't and still don't think the business behind their site is quite as potent as you seem to think (college students aren't "customers," for example). When they release revenue numbers, maybe I'll be surprised, but I don't think they make more than $200 million a year, and even at that rate they need to be around for ten more years to break revenue of $2 billion. |
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Date: April 3rd, 2006 6:41 PM Author: Titillating bronze messiness turdskin Subject: 10% of $2 billion is $200 million I doubt you can find find investments @ 10%. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5504021) |
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Date: April 3rd, 2006 6:51 PM Author: dead lodge associate Do you understand how this whole money thing works?
10% profit on a $2 billion investment would be awesome. I just said that facebook probably makes less than that in *revenue* per year. If you actually think facebook will be around the 20-50 years it'll take to make that much yearly profit (minus the $2 billion input) even at triple their current size, you're weong. |
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Date: April 3rd, 2006 7:44 PM Author: Titillating bronze messiness turdskin Subject: I have a pretty good idea how the *money thing* works My point was not to suggest that facebook is worth 2 billion (or even $750 million) And I have no idea how long they will be around, I was merely attempting to illustrate how equities are valued. It is all about perceived future earnings. If in fact they earned anywhere near $200 mill then a $750 mil price would prolly not be so hot, assuming one believed that they would be around. I assume you do not, therefore, I would not recommend you buy into their IPO, unless of course you wished to play the *bigger fool* gamble. |
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Date: April 3rd, 2006 3:19 PM Author: Pearl sexy cumskin http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5501699
Hope you don't go into business. |
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Date: April 3rd, 2006 3:21 PM Author: dark double fault The new world order is trying to assemble a census of its future worker bees. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502226) |
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Date: April 3rd, 2006 3:47 PM Author: Twinkling bbw the same thing could be said of google - all they "sell" is ads. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502460) |
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Date: April 3rd, 2006 3:53 PM Author: dead lodge associate Yeah, but you don't understand the magnitude of Google relative to other sites. Especially the magnitude difference of people *clicking* ads, *paying* for advertisers' services, and using Google as their virtual gateway to the rest of the web. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502516) |
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Date: April 3rd, 2006 3:59 PM Author: Twinkling bbw everyone starts with no cash flows - i think it was google's founders themselves who said something like "make something that people will use - the money will follow" (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502572) |
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Date: April 3rd, 2006 4:02 PM Author: dead lodge associate Well, it's easy to say that when the something you made was a multibillion dollar business creator (no other search engine was making that type of money before). Notice how almost nothing else Google has produced has revenue on that order. Including Orkut, their social networking site. And facebook doesn't, either. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502599) |
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Date: April 3rd, 2006 4:05 PM Author: Twinkling bbw i'm not calling whether or not facebook will become a 2 billion USD company, but its stakeholders holding onto the option of cashing out at 2 billion rather than 750 million, when only they know what new revenue-generating units they're rolling out makes sense to me. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502631) |
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Date: April 3rd, 2006 4:08 PM Author: dead lodge associate I'm saying that both offers are ridiculous, regardless of potential plans. Obviously, if you can get $2 billion you should take it.
Or maybe they're making a lot more than I could fathom. |
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Date: April 4th, 2006 1:43 AM Author: vivacious hospital famous landscape painting "Or maybe they're making a lot more than I could fathom."
They aren't making anything from what I've heard. |
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Date: April 4th, 2006 2:07 AM Author: dead lodge associate You have sources? (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5508330) |
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Date: April 4th, 2006 5:01 PM Author: vivacious hospital famous landscape painting Friend of a friend works there, of course this hinges on the credibility of my friend. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5511829) |
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Date: April 6th, 2006 6:54 PM Author: floppy roommate THIS IS THE FUCKING CREDITED RESPONSE! (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5528677) |
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Date: April 3rd, 2006 3:42 PM Author: Bisexual khaki crotch indian lodge Subject: HS facebook Even more important than the marketing data on Facebook College is Facebook Highschool, the only group that is more fickle than college students.
Kind of interesting idea (am sure I will be mocked for philosophizing). But these social networking sites measure social worth like consumer goods (favorite movies, favorite books, etc), and now their commodifiable value is exactly the same. People were already commodifying themselves like an object on a shelf, and now they will be sold.
Ah well. Facebook made the right choice in not selling. Demos have a high bid price.
Phil http://www.directorofadmissions.com http://www.pooruniversity.com |
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Date: April 3rd, 2006 3:49 PM Author: dead lodge associate Facebook is pretty behind when it comes to HS stuff. MySpace and Sconex are pretty much the leaders there.
Even so, I don't know how much money any social networking site can make. |
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Date: April 6th, 2006 7:09 PM Author: floppy roommate TITCR. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5528787) |
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Date: April 3rd, 2006 3:51 PM Author: Twinkling bbw i think its doable.
facebook has been tryig hard to make itself one-stop shop for college social networking needs - integrating photo, and new and new features all the time. Information is expensive - and when people voluntary put it up on your servers, you're definitely in luck.
Facebook isn't "going away" anytime soon. |
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Date: April 3rd, 2006 3:52 PM Author: Bisexual khaki crotch indian lodge Subject: Indirect It's not the site that makes the money. It's the indirect way that they do it. The TOS for Facebook say that they can do anything with your info, which is frquently very extensive.
Facebook and Facebook HS manage this info in a better and more orderly fashion than other sites. Naturally, if Facebook implemented ads a little better, that would help them turn a profit. But it's the sale of your information that is the real benefit.
I don't think they realized it when they started either. To indulge in a little hyperbole, it's like the discovery of penicillin or something- accidental but genious.
Phil
http://www.directorofadmissions.com
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Date: April 3rd, 2006 3:56 PM Author: dead lodge associate The facebook information is only worth something when it exists. If I ever get a piece of spam targeted directly at some piece of information I gave out, it will be immediately removed. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502542) |
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Date: April 3rd, 2006 4:09 PM Author: Bisexual khaki crotch indian lodge Subject: Not Spam It's not Spam, it's marketing. It's the commodification of all these traits that you think "express" who you are.
EG:
Johnny hears a song on the local radio by the local band "UnKemPt", a neo grunge outfit that, poignantly, phrases exactly all the feelings he has about his ex-girlfriend. He posts them as his favorite Facebook group, as do a hundred other Johnny's, sensitive to the emotional arcs of neo-grunge. Viacom, which has paid exclusive fees to sneak into the emotional lives of Facebook users, notices that in Swifthopton College, where Johnny goes to school, "UnKemPt" is the number seven band and climbing. They tell MTV who, in turn, tells their various ad affiliates that, with special location released cable advertisements marketing "DisSheveldt", a neo grunge outfit not dissimilar to "UnKemPt", but without a doubt richer and better looking, they can grab the naive and vulnerable Swifthopton College market. Now the cable tubes of Swifthopton and vicinity are inundated with glorious images of "DisSheveldt" hitting a bass guitar on the edge of a sewer drain and Johnny has forgotten that he ever liked "UnKemPt" because hey, who are they anyway, and "DisSheveldt" so much more effectively, attractively, and conventionally evokes the emotions he has had about his ex girlfriend who, in the wave of blasted sound, he has already begun to forget.
That's why Facebook is worth 2 billion.
Phil http://www.directorofadmissions.com
Phil
http://www.directorofadmissions.com
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Date: April 3rd, 2006 4:18 PM Author: dead lodge associate Feel free to use the individual post Reply button.
You didn't actually, you know, lay out an argument there as to how facebook's network has a valuation in anything higher than the hundred millions (if that). |
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Date: April 6th, 2006 7:07 PM Author: floppy roommate This so fucking stupid. Companies should spend money on medical research or other worthy causes rather than the pathetic scam known as facebook. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5528777) |
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Date: April 3rd, 2006 4:16 PM Author: dead lodge associate Turns out Sconex.com was acquired for $6.1 million last week. The guy who runs it is at MIT, and is a semi-acquaintance. Unless facebook does 100 times the business of this (huge) site, that valuation looks a bit weird. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502725) |
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Date: April 3rd, 2006 4:39 PM Author: Bisexual khaki crotch indian lodge http://www.alexa.com/data/details/traffic_details?q=&url=www.sconex.com (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502947) |
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Date: April 3rd, 2006 4:39 PM Author: Bisexual khaki crotch indian lodge http://www.alexa.com/data/details/traffic_details?q=&url=www.facebook.com (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502954) |
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Date: April 6th, 2006 7:00 PM Author: big trust fund Haha. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5528715) |
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Date: April 3rd, 2006 4:35 PM Author: Multi-colored temple travel guidebook It could have been us! (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5502906) |
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Date: April 3rd, 2006 4:58 PM Author: impertinent translucent shrine Maybe rach, GTO, and Boondocks will make us all partners? (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5503144) |
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Date: April 3rd, 2006 5:02 PM Author: Multi-colored temple travel guidebook I get a penny for each post. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5503175) |
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Date: April 3rd, 2006 5:02 PM Author: Multi-colored temple travel guidebook I get a penny for each post. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5503178) |
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Date: April 3rd, 2006 5:10 PM Author: impertinent translucent shrine That explains all your irrelevant threads and posts. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5503234) |
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Date: April 3rd, 2006 5:26 PM Author: Multi-colored temple travel guidebook thanks for the contribution (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5503360) |
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Date: April 3rd, 2006 5:29 PM Author: Passionate circlehead haha (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5503385) |
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Date: April 3rd, 2006 6:56 PM Author: Orchid Laughsome Heaven Pistol and the double posting bug (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5504197) |
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Date: April 3rd, 2006 7:00 PM Author: dead lodge associate It's not really a bug, per se. At this point, people are actually clicking Post twice. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5504231) |
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Date: April 4th, 2006 2:14 AM Author: haunting stock car no we're not (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5508356) |
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Date: April 4th, 2006 2:33 AM Author: dead lodge associate :( (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5508450) |
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Date: April 6th, 2006 8:31 PM Author: haunting stock car something in the computer realm that i don't understand is posting twice (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5529411) |
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Date: April 4th, 2006 2:34 AM Author: shivering ruddy cuckold *we* arent, you and bothered are (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5508457) |
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Date: April 6th, 2006 8:31 PM Author: haunting stock car we're the same poster (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#5529413) |
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Date: October 7th, 2007 3:31 PM Author: Multi-colored temple travel guidebook no im not (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#8739399) |
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Date: October 5th, 2007 1:14 PM Author: Submissive 180 Set Dragon $15 billion bump.
The self-pwnage in this thread makes for good mid-afternoon humor. |
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Date: October 5th, 2007 1:24 PM Author: lake new version round eye "The company, the world's biggest software maker, is in talks to purchase as much as 5 percent of Facebook for $300 million to $500 million, the Wall Street Journal reported Sept. 24, citing unidentified people familiar with the matter. That would value Palo Alto, California-based Facebook at as much as $10 billion."
http://www.bloomberg.com/apps/news?pid=20601087&sid=a.ZFte3bGgAw&refer=home |
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Date: October 5th, 2007 1:28 PM Author: Submissive 180 Set Dragon "One sticky issue: A Microsoft investment could ultimately give Facebook ammunition to fuel its own rival technology and advertising platforms. Facebook has aspirations of competing with Google and Microsoft on its own, and has indicated that it might hold out for a higher valuation than Microsoft is willing to agree on -- as much as $15 billion, the people said."
http://online.wsj.com/public/article/SB119065193646437586.html?mod=blog |
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Date: October 5th, 2007 1:34 PM Author: lake new version round eye it's only worth what someone will pay for it, and balmer didn't like paying 300-500 mil for a 5% share. it may eventually get $15 bil by creating this goog v. msft competition, but right now, it's worth $10 bil at most. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#8730669) |
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Date: October 5th, 2007 1:37 PM Author: Submissive 180 Set Dragon Still a shrewd move not to sell at $750 million. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#8730683) |
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Date: October 5th, 2007 1:44 PM Author: lake new version round eye very true, but i expect nothing less from a harvard '-berg' (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#8730715) |
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Date: October 5th, 2007 1:48 PM Author: Fantasy-prone galvanic marketing idea yup (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#8730734) |
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Date: October 5th, 2007 2:29 PM Author: arousing narrow-minded goyim dog poop I think XOXO will have great possibilities once they add me to their executive staff. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#8730869) |
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Date: October 6th, 2007 4:56 PM Author: buck-toothed house potus Go Facebook, go! (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#8735083) |
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Date: October 6th, 2007 10:45 AM Author: silver flirting theater stage antidepressant drug Deleting my Facebook was the best thing I ever did. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#8733883) |
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Date: October 6th, 2007 6:58 PM Author: Mahogany national 1.5bil is TCR. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#8735649) |
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Date: October 7th, 2007 1:59 PM Author: dead lodge associate The covnentional wisdom is that buying a small stake of Facebook at an absurd valuation would be mostly a move to block the sale of the company to anyone. I don't think anyone really believes anyone else would be willing to pay $10 billion to own Facebook. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#8738991) |
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Date: October 8th, 2007 1:03 PM Author: lake new version round eye Facebook has certainly positioned itself to be extremely valuable to a company like google, who may be able to use the massave amount of (arguably) valid informaion about its users to target advertising.
I have serious doubts as to how well google's algorithms could match advertisers with customers as it is, but as this technology progresses, facebook's information could be worth 2, 3, 4 thousand dollars per person.
P.S. What're you up to these days? (I know that you have no clue who I am, but we used to do math problems on PR together.) |
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Date: October 13th, 2007 1:12 AM Author: dead lodge associate I need to come back to this board more often. I'm coding for OkCupid.com right now.
So as not prolong this argument, I'll keep it short: selling ads for search is *nothing* like selling ads for a casual social network, no matter your targetting technology (and trust me, Google's is better than anyone's will ever be anyway). Here's someone who agrees with me: http://valleywag.com/tech/jason-calacanis/why-facebook-isnt-google-in-100-words-309958.php |
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Date: October 19th, 2007 9:40 AM Author: lake new version round eye There's no need to come back to this board. I only come around looking for schaddenfreude opportunities with these assholes who took the HYP debate annoyingly far and consequently killed the board.
I agree with the problems in advertising on social networks. (The WSJ had this today: http://online.wsj.com/article/SB119273558149563775.html?mod=todays_us_nonsub_page_one ). But it still feels like there's tons of potential in owning facebook's database of user information.
Good luck with okcupid and all. I'm looking for you to do big things. |
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Date: October 19th, 2007 10:22 PM Author: Yellow insanely creepy church building french chef Facebook is important because it means that, even though it's 10 years on, Harvard still "gets" that whole, you know, computer thing.
We're rootin for ya H! |
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Date: October 24th, 2007 11:59 PM Author: Mind-boggling coral idiot abode Excellent damage control for saying Facebook is worth less than $750 million. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#8810512) |
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Date: October 25th, 2007 10:59 PM Author: dead lodge associate Damage control 17 days before the announcement? (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#8814152) |
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Date: October 19th, 2007 10:20 PM Author: Yellow insanely creepy church building french chef Subject: how to beat facebook? iphone sdk is about to come out...hint hint. this should be interesting. (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#8789962) |
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Date: October 25th, 2007 10:38 PM Author: dead lodge associate Wha? (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#8814005) |
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Date: October 28th, 2007 3:54 PM Author: Yellow insanely creepy church building french chef exactly (http://www.autoadmit.com/thread.php?thread_id=392900&forum_id=1#8822586) |