|
|
|
|
|
by sek
5464 days ago
|
|
This does expose the bigotry of Facebook so much. On the other hand the valuation is merely based on the fact that they are the "one and only social network". They are dependent on this monopolistic behavior or they are screwed and can forget an IPO. Zuckerberg himself with this "i just try to connect people for the rest of my life" seems to be under this bias. He is no Steve Jobs who was able under almost any condition to create value. This social network stuff has the biggest lock-in of all internet services, but he can't prevent people from moving by force. |
|