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by noelchurchill
5633 days ago
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Media companies have a poor track record when it comes to acquiring big internet properties, as the author points out. Goldman Sachs is a whole different story. Look up their investment profit track record and it tells a very successful story. So what I'm really saying is comparing Goldman to Newscorp or Time Warner is a very bad analogy. This may still be the beginning of the end for Facebook, and I wouldn't be surprised if Goldman rips Facebook to shreds to extract maximum profit, but the authors analogy doesn't hold water. |
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