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by mlinsey
5226 days ago
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Doesn't sound too bad at all, frankly. Someone is just trying to add a little drama to what is otherwise a big success story. It is certainly true that usage of Facebook is rapidly shifting towards mobile, and that currently Facebook doesn't have any ads on mobile. That has got to impact revenue growth somewhat. But ads coming to Facebook mobile sometime soon is about as obvious as can be - and I'd bet on them doing it in a way that takes advantage of that platform's strengths and makes their company even stronger. |
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It's a fallacy to conflate "success" with "hype".
Facebook is going to make money and be successful, barring some unforeseen craziness. They made a billion in net income last year! However, where it seems that the tech world and the investment world diverge is in the expectations. $1BB (or 2,3,4,5) isn't enough to buy in at the anticipated price.