Wednesday, July 25, 2007

More on Facebook's Insane Valuation

Facebook has been getting a lot of press lately and some insane valuations, considering that they have no real way to make money. I have an account, and a lot of my friends do as well, and while they are calling Facebook the "grown-up MySpace" I would have to award that accolade to Linked In - which I actually use professionally.

Twitter seems like a fun little app - probably not terribly useful - and MySpace is swarming with pre-teens and people who either want to be pre-teens or want to have sex with pre-teens. But Facebook... I don't know. Apparently some other people don't know either.

I don't see them pulling any profitable business model out of this. If they refuse to sell they will probably end up bankrupt in a few years when everyone moves on to the next big thing. Then again I am not a big gambler. I would have taken the $1 billion or $1.6 billion and called it a day. That's not a bad return on an idea you stole from some other college kids.

But Zuckerberg is young and probably as stupid as I was at his age. I lost a good amount of money in the first dot-com boom, as a young kid right out of school, with no experience and lots of extra dot-com cash burning a hole in my pocket.

I just don't see these valuations ever being justified. Sure it is the cleanest and simplest social networking site I've seen (I hate cluttered interfaces with animated backgrounds and blinking lights); sure it has the open SDK - which is pretty huge; but how are they going to wring money from that remains to be seen.

Fish Movies

Fish Movie Posters

Study on Obesity and Education

Site on How to Give Massages - I have some pretty painful muscle knots and a lot of tension from sitting at a desk all day
Simpsons Drug References

Tribute to the Lovely Eva Longoria (I had a sex dream about her last night)

Best 10 Borat Skits

Contest for the Coreys Show (my wife loves that stuff - she can watch VH1 and E! all day long)

Don't Hassle the Hoff

Article on Twitter - I think this is a much better idea than Facebook. I don't know what all the hype about Facebook is. I find it boring and annoying. Not nearly as boring or annoying as MySpace, but still...

Vista Still Sucks

Hottest Women of 2007



This seams like a good site, too bad there's nothing there.

So do this one, and this one. I'm looking for domains names that might be useful and pretty much all of them are already taken.

There's Something About Miriam

Friday, July 20, 2007

Facebook

All this talk about Facebook and I just don't get it. Sure, it's a better site than most social networks - nicer, cleaner interface. But what's all the hoopla about? I have some thoughts...