Sunday, July 29, 2012

Facebook, Don't Sell Out Users for Wall Street | Wired Business | Wired.com

Final paragraph of a timely Facebook reality check
"Facebook is in a pinch of its own making, with foaming-at-the-mouth investors on one side pushing aggressive ads and touchy users on the other demanding privacy. The company will have to let someone down. Facebook would do better by far to disappoint Wall Street, to admit it’s not the $100 billion company it recently said it was. Investors will come flocking back whenever the company figures out how to better leverage its massive user base. If Facebook chases away those users, on the other hand, the climb back to such a rich valuation at any point in the future just gets steeper."
Facebook, Don't Sell Out Users for Wall Street | Wired Business | Wired.com
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