Facebook's Land Grab in the Face of a Downturn

http://www.businessweek.com/print/magazine/content/08_48/b4110084423202.htm

by ca98am79 • 18 years ago

7 6 18 years ago

sh1mmer• 18 years ago

That's because Facebook is burning through cash they don't have. Unless they continue to grow they are going to be in hot water, fast.

Sometimes the Facebook valuations make me think of that Southpark episode where Butters' gay dance earns him 10 million theoretical dollars.

When Facebook show a real consistent monitization stream then I'll be more interested in stories like this.

zack• 18 years ago

they should become the new email

omouse2• 18 years ago

"We're in this game not just for five or 10 years," says Sheryl Sandberg, Facebook's chief operating officer. "We're in it for 20 to 30 years."

That makes you sound like an idiot when your CEO says he won't have a business plan for some years.

rgr• 18 years ago

How so? I fail to see your reasoning. Are you suggesting Facebook is going to die in the foreseeable future?

omouse2• 18 years ago

I'm suggesting that it's silly to think 20 years into the future when you can barely see 5 years.

Also, when your CEO says one thing and you say another, there's a communications problem. Their PR department should be keeping a close watch on what the executives say...

Facebook's Land Grab in the Face of a Downturn

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