Quote:
Originally Posted by eroticsexxx
The lack of foresight in regards to Facebook from persons here shows how stagnant we have become as an industry.
When Facebook releases the e-commerce aspect of its plan, a $50 Billion valuation will be a drop in the bucket compared to what it will be valued at then.
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That may be true, but the prospective dollars generated by any additional monetization efforts are an unknown quantity. Facebook may unleash some new segment or service that becomes a game changer, but we don't know that. They were supposed to unleash a "gmail killer" a few months ago but that didn't really happen.
It's just as likely that in the next few years another social networking product will come into play that will eclipse facebook. Facebook is huge, but when it comes to things like innovation, diversification, proprietary technology, and most importantly
profitability the fact is Facebook ≠ Google.