Is the Bloom Off the Facebook Rose?

Is it making money?

Never knew there was a bloom. That site is a time sink with no proven revenue model. Smells like 1999 to me... What was MSFT thinking?

didn't someone say that Houghnhnm is investing $100 in "My Two Cheeks Spread Over" and another $100 in that startup company "My Mother Didn't Take Me For No Fool."........horses do rule!

what's facebook....oh yeah I looked at it..it sucks

Sarah -- I believe the term is nattering "nabob", not "knob", which would be calling Blodget a different thing entirely.

I thought Facebook got a lotof its money from venture capitalists hoping its made money off of advertising. I can see the potential as most people volunteer fairly accurate information and I can see how tha tis gold for marketing campaigns. At the same time however itsonly a matter of time before stanford comes up with something more fun for kids. Now with the extra servers all I can assume they are preparing for is an influx of heavy usership but I doubt its going to pay off anytime soon.

MSFT didn't have a product of their own and was putting its foot into the door of the whole social networking thing. It is a drip in the bucket for MSFT to buy time and to learn more about this so called phenomenon. At the end of the day we have to ask ourselves if this 'academic' business plan can be turned into a profit making machine. Only time will tell. All the current markers show otherwise and points to an evolution of this model. Little kiddies using the site does not necessarily convert to clicks that generate sales. When that happens, advertisers will signal their pessimism and price per page impression goes down and so does advertising dollars.

FACEBOOK SOLD OUT WHEN IT ALLOWED NON-COLLEGE STUDENTS ABLE TO SIGN UP..LETTING EVERY JOE SCHMO ON IT

What a waste of time. h'm all for socializing but let's be real and find value in things other than how many friends or comments you can get. The money is to be made when you can find fools to buy in or buy you out. There is no real value here only ground floor idea merchandising. But hey, a dollar is a dollar, I guess.

Simple business rule: Do not compete against Rupert Murdoch. Murdoch got MySpace for under $600M and has already made three times that in advertising deals. Zuckerberg's wealth is paper wealth; stock only. If he sells more than a little, investors flee. Facebook will go to 0; as already noted it is a time sink and little else. As far as marketing its main users are kids, college students and young adults. More bluntly, people with no money.

What a waste of time. h'm all for socializing but let's be real and find value in things other than how many friends or comments you can get. The money is to be made when you can find fools to buy in or buy you out. There is no real value here only ground floor idea merchandising. But hey, a dollar is a dollar, I guess.

Wanted venture capital to bring to market our cheese flavored edible computer devices to the U.S. mmm simulated flavor....

Wanted venture capital to bring to market our cheese flavored edible computer devices to the U.S. mmm ...simulated flavor....

Facebook will soon become just as bad as MySpace. Filled with spammers and undesirable people. Greedy corporate america are trying hard to gain control of the site and impose their money making techiniques (i.e. ads, etc). The founders should make pretty good money by the ads already on the site: what a couple of millions (i.e.at least $500 millions and growing) is not enough?

I believe they put their servers in Terremark Worldwide's data center. Maybe that is the buy here (Nasdaq:TMRK) not Facebook.

"As far as marketing its main users are kids, college students and young adults. More bluntly, people with no money." The perfect Palo Alto Assessment of this DOG. 1999 PAPER RICH BRAT!

Who would be dumb enough to invest in one of these social networking sites that are mainly dominated by jaded kids whose interests change like the wind? Leave it to MS to sink themselves.

"Nattering nabobs of negativism"

facebook sucks. too much crap, if you wanna advertise sell space not scam type crap.

i'll chop ya dollar