Quote:
Originally Posted by Matt 26z
I could see Facebook's fall from glory being very dramatic when it happens. They rely on the trendy college age demographic, and when they bolt they will all bolt at once.
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Wasn't that kid who owns it offered $1 bln by Yahoo a year ago? I'm not sure, but I wouldn't be surprised if we look back at this story amidst the next period of doom and gloom in an economic fallout (the question is not if it will happen, just when it will happen) and that kid might look like a fool for not selling out of his virtual business when the cash was on the table.