FB is a bit hype now but there is no top dog out there to compete. Google is a global force and FB is something US centric, few people in Asia know FB. I am questioning MS-FB long term partnership, anyway we will see how FB evolve.
Sid Yadav
· 2 years ago
It's interesting, I think Facebook has everything going for it in terms of its Microsoft deal. Microsoft needs web presence and certainly market dominance -- the kind that Facebook has. Facebook needs, obviously, the money. What's not right, though, is the valuation and the kind of potential Facebook seems to think it has.
It's going to hurt them.
Zuckerberg said in his interview with Michael Arrington at TC40 that they're most definitely not planning an acquisition any time soon, nor are they planning to take it public within the next couple of years. Instead, and this will be obvious to anyone who's a close follower, they're doing high valuations for now to raise money -- ones that are totally against reality -- and I think they'll be doing a couple more over the next three or so years until they're ready. And when they think they are, they'll do a big IPO. Google-style, perhaps bigger.
What's missing here? Profits. Revenues. It'll be really interesting to see how they work on that.
All Comments
It's going to hurt them.
Zuckerberg said in his interview with Michael Arrington at TC40 that they're most definitely not planning an acquisition any time soon, nor are they planning to take it public within the next couple of years. Instead, and this will be obvious to anyone who's a close follower, they're doing high valuations for now to raise money -- ones that are totally against reality -- and I think they'll be doing a couple more over the next three or so years until they're ready. And when they think they are, they'll do a big IPO. Google-style, perhaps bigger.
What's missing here? Profits. Revenues. It'll be really interesting to see how they work on that.