Saturday, April 7, 2012

In response to Chris Beland

I also believe Facebook going public was a foreseen action. They are an extremely profitable company, with a long term future. Going public would only help Facebook's cause, as they bring in new money from investors they can expand their capabilities and ensure their future.

However, with the way technology accelerates change in the world today, Facebook is not a certain bet. Remember Myspace? Me neither, it will one day leave its place in society, it will no longer be trending. Once mainstream America decides there is a new, cooler item to be used, Facebook will crumble, and the billion dollar network will leave our minds with Myspace and Napster carrying it to the grave.

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