Got friends returning from a four-year stint on Mars, or elderly relatives who still don’t get why Facebook is such a big deal? Want to spark a discussion about whether the site is worth its $100 billion valuation? Then you could do a lot worse than simply screening this video.
Made by online investment platform Kapitall, the 150-second vid takes some of the most eye-popping stats about the social network and delivers them in a pleasing animated infographic-style format (not to mention a thumping proto-80′s style synth soundtrack).
The video is a little disingenuous in one way: it suggests that “the rest of us” can easily get in on the action whenever Facebook has its IPO (likely coming this summer, though the much-anticipated launch seems to have been delayed by Facebook’s billion-dollar acquisition of Instagram).
In fact, as we pointed out back in February, you’re unlikely to get in on the initial frenzy unless you’re an employee, a celebrity, a business mogul or one of the deal’s underwriters. Investing in the secondary market for Facebook stock is also fraught with regulations and complications; you’re better off waiting on the sidelines.
But plugs for Kapitall’s business model aside, this is one of the better summaries of the social media frenzy that we’ve seen. If YouTube wanted to build a time capsule of videos that capture our connected age, this would be a worthy entrant.
Not least because everything we know about the way the world is going suggests the viewers of the future will have an extremely limited attention span.
Reference: http://is.gd/wQUtfB
Definitely a bubble happening. Facebook is not worth as much as Pepsi or McDonalds. Growth is slowing. Time spent per person per day is down from 55mins to about 20mins today. They pull is so little revenue per user vs say Google. The network is growing accounts but is used so little on a per person basis.
ReplyDeleteThe facts are 85% of the content is generated by 15% of the users who are heavy users. So while 75mil people in the US will log in today to Facebook only 15 to 25 million will take an action (click Like, Comment or Update their Status). For every 2 log ins there is only 1 action taken. This is from Facebook's own stats. So if I take 2 actions then 3 log ins take zero action.
Biggest pump and dump scheme is history. Is going to make Madoff seem like a nice guy.
I am shorting this stock with everything I have including my home and selling my dog, kids, and sister too. Well they will be on consignment so I can buy them back when I am rich.
Facebook is just a tool to interact with the general public at a larger scope. There are few chances on what you said is true but the aim of the businesses using facebook is PR and to create online awareness. In the current technically advanced age people are on such networking sites i.e. Facebook, 24/7 using their Smartphones, Pads etc. which means customers can, not only reach the businesses directly but instead businesses can interact with their customers on the go.
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