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No, because GS isn't an engineering firm; they're a finance firm, so what they do is decrease the cost of capital for Facebook's own investments, which might include: * Rolling up other companies in their space (Yelp, Twitter, 4square, Instagram, Rdio, who knows) * Buying their way into a strategic but lateral market (search, advertising, mobile, hardware, ISP, who knows) * Drastically improving hiring and retention by improving comp packages and adding headcount * &c &c &c Your comment seems basically nonsensical, suggesting as it does that there is no way to improve Facebook that isn't visible in a commit log. I also object to the comparison between the Internet bubble and the mortgage bubble; the structural causes of both were different, the underlying value of the tulips being sold in both were different (at the end of the Internet bubble we had, you know, an Internet), and most importantly the mortgage bubble was a financial black hole that sucked every homeowner involuntarily into its gravitational field, whether or not they were jackass speculators. |