tag:blogger.com,1999:blog-2207076947655236975.post8263816147452950712..comments2024-03-14T07:32:30.141+09:00Comments on Marketing Japan: "Houston, we have a problem" Facebook Fizzles! Fails to Liftoffmike in tokyo rogershttp://www.blogger.com/profile/04977446676243085409noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2207076947655236975.post-10856726066204182532012-05-19T20:41:06.062+09:002012-05-19T20:41:06.062+09:00Like many people I have a love-hate relationship w...Like many people I have a love-hate relationship with Facebook, as a user and as a "member of the community". However, I think you are being overly negative (perhaps implicitly) about Facebook's business model, competitive advantage, staying power, management team, and growth prospects, especially in comparison to Groupon. Anyone can start a Groupon clone and the company itself is an embarrassment in many ways.<br /><br />The real issue is that Facebook is massively overvalued, at least using reasonable projections. <br /><br />But I wouldn't just write it off as another MySpace, friendster, etc. It's an easy thing to do, and a probable outcome, but not still unclear at this point. Having said all of that, I won't be buying any FB shares any time soon, if ever.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2207076947655236975.post-11443572144375116982012-05-19T12:33:40.446+09:002012-05-19T12:33:40.446+09:00Well, you made me look up what a profit model was....Well, you made me look up what a profit model was. :) Makes me think if Facebook popularity translates into profit?Anonymousnoreply@blogger.com