Comments on: Betwixt and between: Facebook’s act of desperation Where media and technology meet Wed, 16 Nov 2016 08:48:25 +0000 hourly 1 By: LEEDAP Thu, 07 Jun 2012 16:58:46 +0000 OMG! It’s a good business decision, not an act of desperation. It is fraught with peril, but me thinks Abell is desperate for a story!

By: reality-again Thu, 07 Jun 2012 13:00:42 +0000 fb does not have 900 million members. – It has this amount of ‘users’, which are just cyber-entities that anyone can create at will, anytime, at in any number they want. An fb ‘user’ cannot be deleted – It is immortal by definition, and most social websites use the same policy, so they could boast big numbers of ‘users’ or ‘members’.
I know kids who’ve created multiple fb ‘users’ (memberships) for themselves, in their attempts to spy incognito on their older siblings.
I know moms who’ve created multiple ‘users’ so they could spy incognito on their teenager kids’ fb activities, their online ‘friends’, etc.
I know people who’ve created hundreds of such fb identities for technical and personal reasons.
Companies and businesses have been creating such fake online identities in huge numbers in social media sites even before fb came into being, and they keep doing so. It’s part of online marketing activities known as ‘puffing’, and it’s the oldest trick in the book.

My (educated, if I may say so) guesstimate is that the number of people who actually use fb is 1 to 2 orders of magnitude smaller than the 900 million ‘members’ or ‘users’ figure that’s used by people who don’t realize how things work in the real world, of which cyber world is an extension.

FB should invite an external, independent auditor to scrutinize its user database, and come up with the real figures.
Technically, doing so is pretty easy.

By: CaptnCrunch Wed, 06 Jun 2012 19:32:06 +0000 I follow the Facebook Saga with some glee knowing that while an active member of the community I have never seen an ad on Facebook pages. Good job Google Chrome and AVG.

Internet company valuations based on blue sky and presumed good will are fool’s gold.

By: AltonDrew Wed, 06 Jun 2012 12:53:08 +0000 Would a business model built on desperation curry favor on the Street? I don’t think so. This action, if implemented, may lead to a further devaluation of the stock.

By: WeWereWallSt Wed, 06 Jun 2012 10:43:58 +0000 John, looking back at how Facebook got started — students at Harvard, the Ivies, Stanford, Texas, UK elite, et al in a kind of et seq rollout, one could make the argument that practically every marginal customer or group of customers, after those future very high-earners, was less economically attractive than the last.

900 million, if one believes that number, must come pretty close to encompassing the on-line buyers of the world. It’s North America and Europe combined with the middle and upper middle of Asia.

They could add the entire rest of the world and not double their attractive base, hence not double revenues.

Which makes Facebook seem like one of the all-time frauds foisted on retail investors. They got what they deserved, we suppose, but it’s hard to see how this wasn’t a retail version of the 2007 Goldman Abacus AC-I deal.

By: GMavros Wed, 06 Jun 2012 06:17:06 +0000 “Me!,Me!,Me! Kiddie”, Soon to be available at Facebook.
Facebook is just another Wall Street Bankster with millions of Sucker-Members. 21st century’s social deterioration to nothing more than a distorted virtual life, virtual reality.