» Will Facebook’s IPO be a historic event?
Like it or not, this man in a hoodie has made a permanent dent in the history books for (quite aggressively) changing the way we humans interact with one another.
He has worked to create a platform where we can create large networks of “friends” to interact with on a daily basis in ways that could not have been perceived a mere 10 years ago. Through these activities, we have pretty much given away a large chunk of our privacy through our “likes” our “check in’s” and via a multitude of third party sites sharing our activities to Facebook for our extended friend network to see. While we have the ability to control what we share, many users are not aware of how to put those controls into place and it is because of things like this that our beliefs about our privacy are being eroded.
Today Facebook becomes a publicly traded commodity and as much as I want to buy in, (because I do not believe FB is anywhere near its tipping point) I face a number of ethical dilemmas surrounding what this company is actually selling. In my mind, the whole Facebook concept as it continues to progress will either be completely genius or the biggest con of all time.
So…. are you going to buy some FB stock?
Comments
I don’t use Facebook and really am not interested in the stock either.
I would much rather buy real estate and send my friends a nice personal note on rhodia paper.
:)
Nope. And I’m not sorry I deleted that account.
What is their business model?
The business model is as old as the hills — advertising. I think they’ll succeed in terms of long term viability, but I really doubt the company is worth nearly what the market has valued it at right now.
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