> Ok. So where is Facebook going?
The same place where lots of people (including VCs who couldn't be bothered with doing "decent diligence" then) looked at Google a few years ago and likely said, "bleh, it's just another search engine, is there some semblance of a value statement they can talk to?" And then that search engine was coupled to advertising to become the biggest wealth creation engine on the internets ever. Google extracts value out of mining network effects (PageRank) which is increasingly the primary source of revenue for smart companies. FaceBook has in just a few years managed to create the largest social network. If you don't think that's going to make FB shareholders happy one day, then just ignore it. -- Kontra http://counternotions.com ________________________________________________________________ Welcome to the Interaction Design Association (IxDA)! To post to this list ....... [EMAIL PROTECTED] Unsubscribe ................ http://www.ixda.org/unsubscribe List Guidelines ............ http://www.ixda.org/guidelines List Help .................. http://www.ixda.org/help
