How many of them use adblock or similar browser plugins?
More importantly if these hypothetical users in poor third world countries have virtually no purchasing power, how does Ralph imagine that they are accessing and maintaining their Facebook accounts?
It doesn’t take a lot of purchasing power to pay for 20 minutes at the Internet cafe.
Mark Zuckerberg just does not seem to have what the other major tech players have.
He is no Bill Gates or Steve Jobs, Page, Berin or the like. He has no new or better innovation. He beat out MySpace just with a cleaner interface and a little exclusiveness at the beginning. That was about it. No business genius there. He has not in a significant way broadened FB’s offerings. He was at the right place at the right time just like the others I mentioned but has not made any interesting business deals.
If the next acquisition is as lame as instagram this company is doomed. So far he has not made it to difficult to jump ship to a competitor like other great tech companies. He must do this. He wont.
Yeah, those statistics are useful, too. It just depends on what you want to measure. You are measuring something different than I was, though.
I’m not saying Google’s earnings are going to grow by a factor of 1.6 faster than JPM’s. I’m saying that the expected present value of Google is 1.6 times the value of JPM. Given the time value of money, that doesn’t necessarily translate to an immediate earnings growth forecast with the same ratio.
Curiously enough I get the dating ads too, and I am listed as in a relationship. So the targeting might not be so good at that.
The Massachusetts SOS has launched an investigation of the IPO…it seems that the underwriters had some sensitive info that they didn’t share.
I wonder if any of the officers of FB might face indictments?
Would it be too much trouble to post a link?