Another Facebook LOW

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"Meanwhile, there is ever-louder grumbling that 26-year-old Facebook CEO Mark Zuckerberg is in over his head and should be relieved of command."

Did anyone ever think he was a good CEO to begin with? Hell, pure shit luck and a stolen idea can happy to any single one of us. Just last week, I stole this guy's WSO idea and I'm going to make a website out of it.

Oh... the idea has to be good? Never mind, back to square one then.

Facebook's growth rate was decelerating rapidly
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Yeah, you start running out of people when nearly everyone in the fucking world uses it.

Facebook's user-base was rapidly transitioning to mobile devices, which produce much less revenue
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Oh give it time, I'm sure they'll plaster ads all over the mobile application or charge for it.

The only Co-Founder is currently selling shares as well, Dustin Moskovitz.
 
LuMee said:
Ohhh no... poor Facebook employees. NOT
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Well I WAS being somewhat sarcastic but if you're an average FB employee who got your options granted at a discount off the ipo, you're fucked. Your shares are worthless and could be for years if not forever.
Considering what a fuckbag Zuckerberg is I would assume most of the grunts that work there had their options granted at a very high price.
 
Of course, its like mainstream rap, pop and R&B music, 99% of the fan base are teens. So nowadays artist come and go by the day. So it can't last because the original group is older and the new group is going to have their own platform.
 
icering87 said:
Of course, its like mainstream rap, pop and R&B music, 99% of the fan base are teens. So nowadays artist come and go by the day. So it can't last because the original group is older and the new group is going to have their own platform.
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That's a fantastic analogy. Thanks.

I think if I could wipe the slate clean and was a teen again I think the Facebook of today wouldn't appeal that so much. It's too impersonal I guess.
 
I bet Google is laughing hard. Every time they hear about Facebook shares going down they probably throw a party! lol
 
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