sleeper;1140849 wrote:Myspace ruined itself because it was terrible and had to many ads. Once Facebook goes public and is forced to show revenue growth to appease its shareholders, they will ad more advertisements, which will turn off users and users will flock to G+.
Facebook has almost capped its potential and you can tell its desperate for growth already by acquiring a company for double what it was worth. They are going down, book it.
I dont agree with you very much but I think I may in this instance.
The price they paid seems like waaaaaaaayyy too much, and soon something is gonna give.
KInda reminds me of when sirius and xm radio were paying hundreds of millions of dollars for the rights to carry certain sports and channels, like Oprah, Stern, etc. Neither could afford to do so and had been playing pretty much with monopoly money for a long time. They have since merged and I doubt they still are making any money.
They paid STern an amazingly alot of money, and to be honest with ya has anyone really heard much from him since?
I dont use FB very often......but my wife and stepdaughter...well...that is their whole lives and I guess maybe their over indulgance in it has really soured my opinion of it.