Facebook has a lot of talented people and has made some strategic acquisitions as of late. They obviously see something of value with the take overs. With Microsoft by their side as very very minor owners of Facebook, the access to patents could mean a huge for the company. Heck, maybe Facebook and Microsoft will do a joint take over of RIM (given that it's trading at under $10 for the first time since 2003) and enter into the business arena.
There was a lot of talk in the "blogosphere" today about the fallout from Facebook's IPO. I think the general opinion is that this will hurt tech investing (see this piece). But I ask you: Isn't that a good thing? Isn't it enough with overvaluing startups and pummeling millions into any me-too service with a few too many users?
Can't decide if this was just one of the biggest IPO's bungled by sheer idiocracy and incompetance, or if it's just another perfect example of cold, cruel, cut throat wall street "capitalism" that takes place daily. The American Way.
You make a good point. Some people invest in such ventures to make a quick buck. But with something like FB I would imagine people need to be patient. I can see the stock definitely going up in the future, but when that future will roll around is still uncertain.
I know of end-user investors who invested in this company when it hit $43/share and then sold at a loss. When they very well could have hung onto the shares for at least a year to see where it took them. Those investors who wanted to make a quick buck lost. But I think that anyone who is serious about the long-term viability of Facebook will recognize that buying in the $20-$30 range and waiting for a big announcement will end up with the best chance for profitable results.
I don't think FB's IPO will hurt tech investing overall. The only folks that it will hurt are FB folks and those people who are heavily invested in it. Leading up to the IPO, there was so much advice from savvy financial experts who said to hold off on the investment, if you even invest at all. I think that was the right advice.
The ThinkerNet does not reflect the views of TechWeb. The ThinkerNet is an informal means of communication to members and visitors of the Internet Evolution site. Individual authors are chosen by Internet Evolution to blog. Neither Internet Evolution nor TechWeb assume responsibility for comments, claims, or opinions made by authors and ThinkerNet bloggers. They are no substitute for your own research and should not be relied upon for trading or any other purpose.
No year would be complete without a roundup of memorable social media meltdowns, from Facebook faux pas to epic Twitter tirades. We're not talking about ill-considered pictures, or posts that reveal you skipped the family picnic and lied about it. We're talking about big brands -- with much to lose.
You've heard the expression, "Out of the frying pan, into the fire?" Amazon lives in the fire. The e-tailer wins by keeping things hot for its competitors, employees, and itself, according to a new book.
Positec, a manufacturer of power tools for homes and commercial applications, achieves greater customer service flexibility and cuts hold times in half by using a cloud-based service to manage its call center.
Big-data and analytics tools enable marketers to understand customers as individuals, identifying unmet needs and addressing each customer as a "segment of one," says John Kennedy, VP corporate marketing, IBM.
Expert Integrated Systems: Changing the Experience & Economics of IT In this e-book, we take an in-depth look at these expert integrated systems -- what they are, how they work, and how they have the potential to help CIOs achieve dramatic savings while restoring IT's role as business innovator. READ THIS eBOOK
your weekly update of news, analysis, and
opinion from Internet Evolution - FREE! REGISTER HERE
Wanted! Site Moderators Internet Evolution is looking for a handful of readers to help moderate the message boards on our site as well as engaging in high-IQ conversation with the industry mavens on our thinkerNet blogosphere. The job comes with various perks, bags of kudos, and GIANT bragging rights. Interested?