Tuesday, May 22, 2012
Facebook Share Price Plunges Again: Valuation Doubts Rise As Social Network's Stock Takes Big Hit
Facebook was a sucker bet. What are its intrinsic revenue streams? It's a free product. Can we please move away from the notion there is financial upside to online ads? Personally, I can't remember the last time I felt confident an online ad wouldn't infect my computer with spyware or a virus. Maybe back in the Webcrawler era.
Sincerely, how does Facebook make money?
Oh, and Happy Slip needs to be commended on nailing it:
Facebook Fever!
http://www.youtube.com/watch?v=KV4PNwpqsCc
Read the Article at HuffingtonPost
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