{"id":361,"date":"2011-01-01T21:02:41","date_gmt":"2011-01-01T20:02:41","guid":{"rendered":"http:\/\/www.artifactconsulting.com\/lapeira\/?p=361"},"modified":"2021-04-03T12:24:16","modified_gmt":"2021-04-03T10:24:16","slug":"facebook-is-worth-52-billions-my-ass","status":"publish","type":"post","link":"https:\/\/www.artifactconsulting.com\/lapeira\/index.php\/2011\/01\/01\/facebook-is-worth-52-billions-my-ass\/","title":{"rendered":"Facebook is worth 52 billions, my ass!"},"content":{"rendered":"

One friend told me yesterday he is willing to put his money on an Internet start-up founded by a friend of a friend of his.<\/p>\n

My advice can not be more clear: put your money elsewhere by the moment, there is absolutely a bubble in technology<\/a>, in fact this bubble is even bigger when compared with the world recession, I believe in a couple of years everyone will be looking back and asking: \u201chow could we people be so blind?\u201d, of course I could be the one who is wrong but let’s analyze the data.<\/p>\n

Facebook for example, now is worth 52 billions!:<\/p>\n

\u201cFacebook is worth more than eBay, Time Warner and News Corp<\/a>.\u201d, two times Ford, two times GM… That\u2019s not believable.<\/p>\n

If Facebook goes public market successfully it\u2019s IPO will be bigger than Google\u2019s one, but let\u2019s be honest, has Facebook more potential than Google?, I mean online photo sharing and \u201conline group management\u201d is here to stay?.<\/p>\n

I could understand web search was here to stay, and I can understand microblogging is here to stay (mass-media go home!), as well as Wikipedia (if those guys get to control Wales ego<\/a>), but can not understand this \u201cFacebook mania\u201d.<\/p>\n

Facebook has 500 millions users?, look I have got three different accounts (personal\u00a0 and corp. pages) and I don\u2019t use them since months. When I did of my 80 contacts only 3 used it regularly, and so, saw the ads which by the way I never ever clicked.<\/p>\n

Some people is even saying that Facebook credit will be the new universal money\u2026 come on\u2026 going back to Flooz <\/a>twelve years later? If Facebook Connect didn\u2019t work why should Facebook credit work?. Would you put your money in the hands of the guys how pissed on your profile privacy?, I would not by the moment and retaking customers confidence is dificult.<\/p>\n

I am not saying they are going to crash like the Hindenburg, some people believe Facebook will get to 200 billions by 2015<\/a>, but all this stuff smells really annoying.<\/p>\n

I will leave you with a disgusting graph based on real data available elsewhere, fell free to compare this graph with other graphs from 2001 and remember the economic forecast for 2011: economic crisis is yet here and everyone\u2019s budged on Internet ads is very limited.<\/p>\n

<\/a>\"\"<\/a><\/p>\n

http:\/\/blogs.wsj.com\/digits\/2009\/05\/27\/is-facebook-really-worth-10-billion\/<\/a><\/p>\n

http:\/\/www.insidefacebook.com\/2010\/09\/27\/facebook-investor-says-company-worth-around-30-billion-still-undervalued\/<\/a><\/p>\n

http:\/\/blogs.reuters.com\/mediafile\/2010\/12\/14\/facebook-is-worth-52-billion-and-thats-not-a-good-thing\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

One friend told me yesterday he is willing to put his money on an Internet start-up founded by a friend of a friend of his. My advice can not be more clear: put your money elsewhere by the moment, there is absolutely a bubble in technology, in fact this bubble is even bigger when compared […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[102],"tags":[44],"_links":{"self":[{"href":"https:\/\/www.artifactconsulting.com\/lapeira\/index.php\/wp-json\/wp\/v2\/posts\/361"}],"collection":[{"href":"https:\/\/www.artifactconsulting.com\/lapeira\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.artifactconsulting.com\/lapeira\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.artifactconsulting.com\/lapeira\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.artifactconsulting.com\/lapeira\/index.php\/wp-json\/wp\/v2\/comments?post=361"}],"version-history":[{"count":11,"href":"https:\/\/www.artifactconsulting.com\/lapeira\/index.php\/wp-json\/wp\/v2\/posts\/361\/revisions"}],"predecessor-version":[{"id":366,"href":"https:\/\/www.artifactconsulting.com\/lapeira\/index.php\/wp-json\/wp\/v2\/posts\/361\/revisions\/366"}],"wp:attachment":[{"href":"https:\/\/www.artifactconsulting.com\/lapeira\/index.php\/wp-json\/wp\/v2\/media?parent=361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.artifactconsulting.com\/lapeira\/index.php\/wp-json\/wp\/v2\/categories?post=361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.artifactconsulting.com\/lapeira\/index.php\/wp-json\/wp\/v2\/tags?post=361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}