The ROI is your business will still exist in 5 years. Social Media Revolution via @ErikQualman.
— Lefsetz Letter » Blog Archive » The Death Of The Major Labels (via davehyndman)
(via garychou)
Every 60 seconds… this happens >
Highlights include:
Facebook: Powder in the Keg?
Right now Facebook is an ad network. But they also have engineers building a massive infrastructure - the likes of which extends to 600 million people across the world (and growing fast).
This infrastructure will be used to rewrite the Internet - for consumers and business alike. I predict that during the period of 2012-2020 Facebook will experience demand and growth akin to Google circa 2000-2008.
Note, Google is now a software business with Android and Chrome. So too will Facebook’s products and services evolve and scale.
Hard to imagine this stock having enough powder in the keg to make anything less than a volume buy worthwhile, but we’re only at the beginning of web 2.0 - the transition from digitization to personalization.
Buy.
