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soialEvolved

The quick death of Facebook as we know it.

After watching the lackluster performance of the Facebook IPO spectacle, I’m left to wonder if either:

  1. The investors know something I don’t?
  2. They’re (once again) looking to jump onto a bandwagon that has historically been going up… but ready to come crashing down?

In fact, 9 out of 10 of the top web IPO’s have lost value since going public. The only one that’s kept is positive grounds is Google. But that’s besides the point of this article. The real thing I want to look at is “why” Facebook may be at the end of it’s ropes.

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facebook

Facebook falls flat and goes SPLAT!

And the markets close with Facebook falling… Flat.

I’m not going to get into the whole business side of things with Facebook, there’s plenty of other blogs posting about that. But what I’m really curious about is the draw? I mean, Facebook is certainly an online property that has skyrocketed to fame and as of this posting,  is worth more than McDonalds!

It’s estimated that of the 800 million users, each person spends around 20 minutes a day on Facebook.  Snooping on their friends, spying on classmates of years gone by…

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