Micro Persuasion: Facebook Faces the Gulf of Reality

Sunday, April 02, 2006

Facebook Faces the Gulf of Reality

The Journal is reporting (subscription required) that Facebook is shopping itself for as much as $2 billion, but that potential acquirers don't agree with this valuation. In addition, the paper reports that Facebook and Yahoo are talking partnerships. I bet that companies are refusing to ante up because anyone can replicate Facebook tomorrow. Call it the Friendster Effect. Witness my post earlier today about the number of social bookmarking sites, etc. Moats, people, moats. Get one.

Technorati Tags: Facebook, Bubble 2.0, Yahoo

Posted at 07:39 PM in Web 2.0 | Permalink

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The Journal is reporting (subscription required) that Facebook is shopping itself for as much as $2 billion, but that potential acquirers don't agree with this valuation. In addition, the paper reports that Facebook and Yahoo are talking partnerships. . . [Read More]

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The Journal is reporting (subscription required) that Facebook is shopping itself for as much as $2 billion, but that potential acquirers don't agree... [Read More]

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