Is the Facebook IPO, Mark Zuckerberg Safe Investments?
By Joel Leyden
United States News Agency
New York --- May 18 ... Another historic tech, Internet IPO takes place today. One that leaves many wondering if Facebook is really a safe investment?
The answer to that question is yes.
As many criticize Facebook for lacking real value or service, comparing Facebook to Google that serves the function of finding things, Mark Zuckerberg stays true to his position that "Facebook exists to make the world more open and connected, and not just to build a company."
That is enough to scare any intelligent investor.
That Zuck places more value on creating openess than making money. But what Mark has done here was to create the largest human watering hole on Planet Earth with over 900 million members.
Although ROI on advertising in Facebook is not great, it still merits effective function and perhaps the best branding one could wish for with it's free corporate pages.
But I, as an Internet pioneer, who has a longer record of placing content on the Net than Mark (co-created the first commercial Website in Israel in 1994) can tell you that Facebook has a few friends which cannot allow it to sink.
Where did the Internet come from?
US Intelligence. And Facebook is to INTEL as butter is to bread.
Where else can US and Western INTEL find out in the most cost-effective terms what time you woke up, what clothes you are wearing, what you ate, where you are going (don't forget the photos) and what time you went to sleep?
As Wikipedia is still alive and thriving, so will Facebook.
Will you make millions investing in Facebook.
Facebook faces multi-billion dollar class law actions for their "cookies" tracking your every move. But don't worry about that affecting Facebook. Their friends in DC will take care of that.
And as for privacy? There is no privacy on the Net.
So get over it and go "Like" something!
If you're a good guy and pose no terror threat to others - you have nothing to worry about and have much to enjoy in this new wired and "open" world.
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