Option Millionaires

[retiredMM]

SDH

I think that some people's disdain for FB personally is clouding their judgement. I am not making an opinion on the stock or it's valuation, just a brief analysis on the company. Let's take a look at some of the facts:

-Over 800 million members and growing.
-Over 430 million avg daily users
-The most widespread platform on the web
-They have barely touched the surface on monetizing their platform
-Zynga is about 15% of their profits and that is a huge way to monetize. I believe that this will be a way to further monetize their platform as EBAY did with all the "stores" that opened up just for their platform. How about a video conferencing tool that can be used directly on FB to hold video chats with multiple "friends".
-Companies being able to target those who "like" them with targeted ads as their likes and dislikes are posted on their pages
-etc

They have barely touched the surface on monetizing their platform and I'm sure that they will bring in or have brought in a "business mind" as Google did to actually run the business side as the others worry about the creative side.

I am not an avid user of FB (I will go on just to accept or ignore invites) so I am not trying to defend them but when you have a platform like this it is hard to imagine that won't won't be able to capitalize on it. FB is not a fad, it is now part of many's daily life and it is embedded in our culture now.