I tend to agree, but then I never thought any of that stuff would go any 
farther than 12 yo so ...

That said the thinking is that Facebook will become the directory for humanity, 
that it has tons of room to grow globally and that it hasn't even begun to 
monetize yet (via ads for example).

What doesn't seem to be clear is how mobile plays out.  Apple owns the 
platform, but .... Ads? Games? Content?  Payments?  And then there's the 
concept of how "the cloud" will fit in.  Nobody's winning that space yet.

I like android ( g nex ) and the google cloud stuff but then I'm biased I 
guess.  Although I'm writing this on an iPad



On Apr 9, 2012, at 11:10 AM, PT <cft...@gmail.com> wrote:

> 
> WTF indeed.  This does nothing to change that facebook is an over hyped 
> chat/photo sharing thingamabob.  I noticed part of the purchase was in 
> stock.  I assume that $1B is based mostly on facebook's expected 
> artificially inflated IPO.  Those Instagram peoples better sell fast. 
> Facebook isn't going to last.
> 
> On 4/9/2012 2:02 PM, Cameron Childress wrote:
>> 
>> http://www.huffingtonpost.com/2012/04/09/instagram-facebook-acquisition_n_1412623.html?ncid=edlinkusaolp00000009
>> 
>> Key Instagram Stats:
>> Employees: 13
>> Age: 2 years
>> Purchase Price: $1B dollars
>> 
>> W.     T.     F.
>> 
>> -Cameron
> 
> 

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