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by 2pasc 5234 days ago
I agree with PG that this is "fake news" What few people realize is that Facebook does $3B in revenues while not monetizing two "real estates" that could add $3B each (or more) in the future: - Mobile is still not monetized at all and we are talking about 400M MAU!!!! - Facebook does not leverage the huge breadth of data it has garnered about users through their "like" actions on other publisher's website to create a much need competitor to AdSense. These two opportunities are $B opportunities easily...

My only concern for Facebook would be that they focus too much on their short term earnings to justify their very bullish P/E multiple... and lost sight on consumer satisfaction. On the other hand, by doing so (like Google has in the past 4-5 years) would open the door to new startups that could start gaining some great momentum!