MORNING JOE: “Facebook IPO is PIXIE DUST…MUCH AGREED JOE”

Where does Facebook valuation come from? Is it the amount of subscribers that equals to advertising dollars? I thought we killed the theory behind advertising revenue stream in 2001-2002. No, it’s the demographic and personal information they have on each subscriber. Facebook documents your every move online. They know when you’re stalking the hot chick you keep sending friend request. There is no privacy and there is no need to force information out of subscribers. They will offer up their personal lives with ease. It happens everyday. Facebook is good for business, a company can buy subscribers information and then market their service or goods to these subscribers.

Overall, I still think Facebook, Linkedin, Groupon is a return to the 99-2000’s and overvalued companies. Myspace set the precedent.
Deano

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s