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In the end, Facebook will be comprised of dormant and inactive profiles with a majority of its “engagement” coming from people in their forties stalking their exes from high school in the late 80’s. For the younger generation, talking about Facebook at all will become painfully lame. Every generation mocks the one that came before. This moment rapidly approaches, the emptying of that hipness hourglass is inexorable.
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The Red Giant (Five Reasons Facebook is Over) | The Reformed Broker
Great post. I’m pretty sure Facebook will continue to be a big, important, profitable company for some time. I’m less sure that at $100bn valuation there is an opportunity for a 10x return. IPO-ing as a widows and orphan stock from the get-go. Wonder if there is an over/under on the date of their first dividend??
Of course they could always list on the LSE where I’m sure the visionary UK investment community would give them a suitably conservative 8x PE ratio from which there is probably upside… lol
