On Jul 9, 2009, at 3:42 PM, Doyle Saylor wrote:

Doug,
You've got to be kidding. Facebook status updates consist mostly of inane reports of daily life ("I need coffee!" "I just steamed some sugar snap peas." - actual quotes from my FB friends), or reposts of material produced by professional journalists. The amount of amateur or "community" information production approaches zero.

Doyle;
So you down grade that as trivial. So trivial is not worth anything to you. Community content is actually very important to people,

That's very nice, but I'd really like to know what's going on in Iraq and the securities markets. Can Facebook help me out? Or are you just interested in some therapeutic model of media, where making people feel good is important?

but the ability to use it on a more complex scale with pictures and sound is new enough that we don't know yet how that will move things. Still providing the service is profitable for Facebook.

Facebook? Profitable? In what universe?

I see that Murdock has failed with Myspace because of corporate miss calculations.

Murdoch said 10 years ago that the Internet will destroy more businesses than it creates, so I'm not sure what his miscalculation was. Buying MySpace was a plunge for him, and it hasn't worked out. I doubt he's terribly surprised. As one of his associates said of YouTube - on which Google is losing piles - the problem is that much of the content stinks and has no scarcity value.

Doyle;
The problem with Pen-L is the medium does not promote depth and substance. Why single me out for lack of substance?

Because it's so easy?

Doug
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